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testing the California waters

12/06/09 06:06

In order for one to find good news about California these days, one would probably have to dig pretty deep. With the dark economic ever-growing cloud now looming over the state, even a slightest of encouraging news is welcomed.

In October of this year, in California the median home price was around $257,000, which is a 2.4 percent increase over the September month, and a drop of about 7.6 percent from that very month in two thousand and eight.

Though it is a drop that has instilled concern, it really is the smallest year-to-year decrease, since September, two thousand and seven.

Link: California news California Real Estate: Time to Test t

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20091205-12087-testing-the-California-waters california 'testing the California waters'