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- I'm ONLY one, who had true prediction of California ...
I'm ONLY one, who had true prediction of California real estate's recovery.
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The median price of a home in Southern California surged 6.4 percent in June from May, as a long-stifled wave of high-end properties hit the market, a real estate tracking firm said Wednesday.
The median price in the six-county area climbed to $265,000 last month from $249,000 in May, accounting for a second consecutive month-to- month increase, MDA DataQuick said.
DataQuick attributed the jump to an increasing number of deals above $500,000, as more buyers responded to price cuts. Resales of such homes rose to 19.6percent of all sales in June, up from a low of 13.4percent in January.
http://www.dailynews.com/ ... _12845557
Another prediction is Florida will follow California real estate's recovery, like Husband and Wife, where is the Husband going the Wife will follow.
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