California's median home prices are up over 20 percent in April 2010 from a year ago 2009!
California's median home price -the point at which half of homes sold for more and half for less -rose 21 percent in April 2010 compared with a year earlier, but sales of existing, single-family homes declined 8.1 percent, according to the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.) April sales and price report.
Looks like we may have hit the bottom of our market.
With interest rates below 5% this is a strong signal to buyers to get off the fence and BUY!
If your looking to buy a home call me, I will see you get a bargain!