LA County home sales climb 24% in Nov...

LA County home sales climb 24% in November

There are 4 comments on the LA Daily News story from Dec 15, 2009, titled LA County home sales climb 24% in November. In it, LA Daily News reports that:

Home sales in Los Angeles County rose by 24.2 percent in November, compared to the same month a year ago, but prices fell by 3.2 percent, a real estate information service reported today.

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Jose

Donie, TX

#1 Dec 15, 2009
Good News. Now I feel good. The economy looks like it heading north instead of south. LoL I am going to spend 400 more this X-MAS instead of saving it. Also right now I am going to go to a realstate website and check for homes in the area. :)
daniel

Topanga, CA

#2 Dec 15, 2009
Do not believe the hype. We are in the third inning of a very ugly game. The MSM are just tools for the too big to fail special interests in the FIRE lobby who have hijacked the economy and government. Lets just kick that can further down the road and not recognize the systemic failures.
michael

United States

#3 Dec 15, 2009
sales might of went up on paper but they are noy telling you everything like when a home gets foreclosed it goes up for sale (the bank has a lein but dosent own the home)the lein holders are the only ones that go and the leinholder will put a bid on the home and buy it from the owner the price is around what the 1st lein is. so now we have a spike in sales and a spike in sales price there noy lying but there really not telling you the full truth the calf has a long way to go before it hits bottom
Tess Tickles

Pahrump, NV

#4 Dec 16, 2009
I strongly believe that the real estate market will turn around soon and it will turn around quickly. I've been there before. The truth is many people from other states still see California as their destination. Our wages are higher and we have more jobs than other states. People will keep coming and the state will keep on growing. As long as the population of California continues to grow the housing prices will go up.

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