L.A. County home sales up, prices down

L.A. County home sales up, prices down

There are 2 comments on the LA Daily News story from Sep 15, 2009, titled L.A. County home sales up, prices down. In it, LA Daily News reports that:

Home sales in Los Angeles County rose by 17.1 percent in August, compared to the same month a year ago, but prices fell by 13.3 percent, a real estate information service reported on Tuesday.

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Saltwater Bob

Simi Valley, CA

#1 Oct 15, 2009
And what percent of these were bankruptcy or quick sale related?

Since: Jun 09

San Diego, CA

#2 Oct 15, 2009
The banks are also using a tactic to not foreclose on homes. There are many people 6 8 even over 12 months behind on loans that the bank does nothing about. Cheaper then to foreclose the home pay maintainance and property tax fees

We got a long way to go before things really get better

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