Look what is happening in our area. Now is the time to invest in the recovery. Go to my website and take a look at what is available for sale. http://www.BuyMarsha.com or give me a call anytime and I will send you a list. Marsha Shepard 619-995-1520
People continue to buy houses in California and San Diego County at a rapid pace. The California Association of Realtors reports this morning that sales of existing, single family homes rose by 63.8 percent in March and the increase locally was more than double that amount, up 134.1 percent. Of course, with many of the sales resulting from foreclosures and short sales, the median price of a home sold in the State was down 39 percent from a year ago but up 2.2 percent from the previous month. By the way, Lemon Grove had the highest median home price increase in the state last month, up 18.6 percent. The CAR Unsold Inventory Index now stands at just 5 months compared to 12.2 months a year ago.
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Consumer confidence has climbed to its highest level in 2009. That's according to the report this morning by the Conference Board.
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