Relevant:
- DataQuick: Foreclosure Resales Account for 55.7% of Socal Housing Sales
- southern california home sales lowest since 2008
- Southern California home sales, prices fell in December
- The inflection point has arrived in Southern California real estate
- Velocity of home price increases and leverage for Los Angeles and surrounding markets -- Where are the California Real Estate Agents?
2009-01-21 — housingwire.com
"If December’s data is any indication, investors purchasing distressed properties in the inland areas within California now make up the lion’s share of Southern California’s real estate market, while new home sales elsewhere continued to tank and the jumbo home loan market remained in the deep freeze."
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