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Median home prices in California may drop up to 10 percent this year

Here’s another article, this one is about the chief economist of the California Association of Realtors revising her earlier predications that California prices would drop 4 percent this year.

“In general, statewide, “The lower the median home price, and the cheaper the dirt, the more likely it is that prices are falling” and that the area was plagued by high levels of subprime lending, she said.”

Read the full article here

Written by Keith Byrd - Go to Keith's Website/Profile