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Southern California housing market strengthens in December

In a typically sluggish month, the median sale price rises 4% over the same period a year earlier, and sales jump 12.1%. The pace of sales is the best since 2006, aided by tax credits that end soon.

Home sales

A house in Long Beach has a buyer. One driver of sales is the April 30 expiration of tax credits for home buyers. Low mortgage rates are also a factor. (Nick Ut / Associated Press / December 17, 2009)

January 20, 2010

Rock-bottom interest rates and stronger sales in higher-priced neighborhoods helped Southern California's housing market post robust gains in the typically sleepy month of December, new data show, and experts say the momentum is continuing -- ushering in an early start to the spring home-buying season.


 
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South California Real Estate & Homes For Sale

Specializing in South Pasadena homes for sale and the Los Angeles County real estate market, you have found your realtor resource for buying and selling your next Beverly Hills home or San Marino house. With expertise in realty for both purchasing and listing properties in Beverly Hills, South Pasadena, San Marino, Arcadia, Alhambra, San Gabriel and Monterey Park and all surrounding Los Angeles County, CA areas, you have found the right resource for all of your real estate needs.


With about ten years senior sales experience, I take great pride in helping people achieve the dream of home ownership. I do so with integrity and exceptional service! Whether you are looking for a new Beverly Hills property or San Marino land, or you are in the preliminary stages of a South Pasadena real estate search, you have found the best in professional service.

Personal I was born in Henan province in China and graduated from Henan University with a major in music. After graduation, I moved to GuangDong. Consequently, I'm fluent in Mandarin and Cantonese and would be pleased to assist you in meeting your real estate needs.


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