Southern California’s red-hot homebuying pace catches a chill
Southern California’s red-hot homebuying pace catches a chill
Southern California homebuying got off to a slow start in January with both prices and sales dipping.
The pace of closed transactions cooled from December, according to DQNews data released Wednesday, Feb. 16. The median sales price in the six-county region also fell slightly to $687,000 from an all-time high of $695,000.
Rising mortgage rates likely contributed to the housing chill, yet pricing…
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