Friday, October 8, 2010

California REALTORS® forecast slight rise in 2011 home sales

Sales of existing, single-family homes are expected to decline slightly in 2010 compared with 2009, but are forecast to rise slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2011 California Housing Market Forecast.”  Meanwhile, the median price of homes in California is expected to increase both in 2010 and 2011 compared with the year prior.

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