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Steve
01-19-2008, 09:47 PM
How have home prices been in your area? I was shocked to read this article! WOW

Home prices dropped 15% in California!

California home prices drop nearly 15 percent (http://www.msnbc.msn.com/id/22712082/) - The median price of a home in California tumbled nearly 15 percent amid a steep drop in sales in December, a real estate research firm said Thursday.

The median home price hit $402,000 last month, down 14.8 percent from $472,000 in the year-ago period, according to DataQuick Information Systems.