LA TIMES BUSINESS SECTION 1/20/2010
By: Alejandro Lazo
“HOME SALES PICK UP SPEED”
Southland’s pace in December is the best since 2006, and the median price rises 4%.
Beverly Hills, Santa Monica and Newport Beach were among the affluent areas notching healthy sales gains.
Spring season is going to start early. There are a lot of cash deals, so there is a lot of money out there, and there is amazing opportunity and great deals to be had.
The percentage of Southern Cal homes that sold for more than $500,000 rose to 20.2 percent of all sales in December up from 16.5 percent a year earlier and down from its peak of 52 percent at the height prior to 2007.
For more information, contact us at www.BrownandStowell.com or eliisastowell@gmail.com
The Brown and Stowell Team
Eliisa Stowell
Surterre Properties, Inc.
1400 Newport Center Drive Suite 100
Newport Beach CA 92660
949.903.0026 Cell Eliisa
949.717.7386 Fax
Lic# 01397481
Facebook Page: Brown & Stowell Real Estate Team
Follow us on Twitter: www.twitter.com/brownstowellre
Posted on: Corona Del Mar Real Estate | Corona Del Mar Homes For Sale
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