Monday, December 27, 2004
Another sign that Southern California real estate is cooling?
According to the Commerce Department, the Western Region of the United States, which includes California, saw a 28% drop in new home sales. Nationwide, home sales skidded 12%.
Of course November is always down compared to October as holiday preparations begin to kick in.
According to the LATimes; however, KB Home's in Los Angeles is reporting orders for new housing up 28 percent.
Most area analysts see the Southern California real estate market as still strong, though it has slowed. Everyone seems to have their eyes on interest rates right now.
Southern California Real Estate Agent?
Southern California Mortgage Broker?
Of course November is always down compared to October as holiday preparations begin to kick in.
According to the LATimes; however, KB Home's in Los Angeles is reporting orders for new housing up 28 percent.
Most area analysts see the Southern California real estate market as still strong, though it has slowed. Everyone seems to have their eyes on interest rates right now.
Southern California Real Estate Agent?
Southern California Mortgage Broker?
# posted by Dahcredyns @ 1:13 PM 
