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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (98347)	1/28/2013 1:12:55 AM
From: John Vosilla	Read Replies (1) \| Respond to of 219176

California home prices rose more than 20 percent in December as buyers competed for scarce inventory, a research firm reported Wednesday. The statewide median of $366,930 in December was 5 percent above November's $349,300 and 27 percent higher than $288,950 recorded in December 2011, marking the tenth consecutive month of annual price increases and the sixth consecutive month of double-digit annual gains, according to CoreLogic. There were 39,760 homes sold in the state, up 5.4 percent from a year earlier. In the six-county Sacramento region, including Yolo County, home buyers gobbled up a whopping 67-percent more new homes in 2012 than they did in 2011, according to Gregory Group. The numbers provide the latest evidence of a housing market recovery marked by thin supplies as sellers sit on the sidelines, anticipating additional gains. dailydemocrat.com