California Median Home Price up $60,000

Ladera Ranch, CA/December 27, 2009

C.A.R. Vice President and Chief Economist Leslie-Appleton-Young recently stated that the statewide median price from most regions hit its lowest point during the first half of '09. She added that California remains ahead of the nation in market recovery.

This is great news as we move into the New Year. So, if you have been waiting to buy, go forward with confidence that we are in the middle of a shift.

Orange County Short Sales and foreclosures are still prevalent and more shadow inventory will be coming soon. Call us, Jane & doug Lippman, if you need to begin a loan approval process so you are ready to go when you find the right home. 949-267-9999.