Relevant:
- Home sales inch up in California as prices fall
- Experts "Don't Want to Be Alarmist" About "Breather" in LA's "Nuanced" Housing Market; Which "May Peak in A Year"
- SoCal home prices drop to $250K
- Accerleration in Foreclosure, Prices and Job Losses
- California median home price highest in nearly 4 years
2007-10-12 — builderonline.com
"California median home prices are predicted to drop next year for the first time in a decade, as foreclosures and unsold properties continue to pile up and homebuyers wait for better deals, according to a housing industry forecast released Wednesday."
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