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Wednesday, December 21, 2011

November's Western US median home price down 8.4% from a year a go

Existing-home sales in the West rose 3.6 percent to an annual level of 1.16 million in November and are 11.5 percent higher than November 2010. The median price in the West was $195,300, down 8.4 percent below a year ago
Also, this is when mortgage rates are still at record lows.  Buried in this article is that fact that 2007 through 2010 sales of homes were overstated by 14.3%.  I'll post that soon.

 Read it all

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