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Home foreclosures are likely to keep climbing through all of next year despite stabilizing housing prices in some areas, a major lender group said Thursday as it reported that the level of delinquencies and repossessed homes had jumped to a record.
Yesterday, Friday, November 20, 2009, 19 hours ago
California's median home price stood at $257,000 last month, the highest in nearly a year as the housing market appeared to be undergoing a sustained recovery, according to San Diego-based MDA DataQuick.
Home sales in Riverside County fell by 9.1 percent in October, compared to the same month a year ago, while prices fell by 17.4 percent, a real estate information service reported today.
Home sales in Los Angeles County rose by 8.6 percent in October, compared to the same month a year ago, but prices fell by 8.5 percent, a real estate information service reported Tuesday.
JACOB ADELMAN Firm: Median home price in California rises in October from September LOS ANGELES - LOS ANGELES a ' A tracking firm says the median home price in California increased more than 2 percent last month from September to its highest level in nearly a year.
The median home price in Northern California jumped nearly 7 percent last month from September to its highest level in more than a year, a tracking firm says.
