Wednesday, January 20, 2010

Prices Up, Sales Up

The median sales price in SoCal climbed 4% from December 2008 to December 2009, while the number of sales jumped 12.1%, according to DataQuick. This improvement in the housing market was no doubt spurred by very low interest rates, relatively low prices, and the federal tax break.

While some experts say that 2010 is going to see continued improvement, we still have hurdles in market fundamentals: high levels of unemployment, more foreclosures on the horizon, and the end of the tax credit on April 30.

1 comments:

  1. 人人都可以成為自己生命的建築師,只要有心,人人都是食神 哈哈 ....................................................

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