Housing Market Improving
FOX 5 San Diego online
By Alejandro Lazo
... Southern California's housing market posted strong gains in the typically sleepy month of December. It was the first time in more than two years that the closely watched median sales price -- the point where half of the homes sold for more, half for less -- registered a year-over-year increase and it was the eighth month in the row in which prices have either risen or held pat...
..."We are getting a little bit of what we had six or seven years ago, where people are worried if they don't get in now they are going to miss out on an opportunity," Richard Green, director of the USC Lusk Center for Real Estate, said. "In a decent neighborhood, in the half-a-million-dollar range, we are back to lots of offers."...