Los Angeles Times | Real Estate: Home sales in Southern California climb, price declines slow April 18,2012

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

Richard Green, director of USC's Lusk Center for Real Estate, said he is most concerned about the weak job market.

The high number of investors buying discounted homes is probably masking a recovery in values for properties purchased by people who buy homes to live in them, said Richard Green, director of USC's Lusk Center for Real Estate. The real concern is the job weak job market, he said.

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