According to the California Association of Realtors, despite home sales dropping 22.2% in November, the leading index showing slow economic growth in the coming months and the fact the the median priced home in California is UP 1.4% in November compared to November '05, California remains the most populous State.
To top that off a median price home in the Santa Barbara/So. Coast is $1,083,000! In the High Desert we are at $332,340! What a deal for bargain hunters.
Are you insured with Farmers? If so, look for a homeowners insurance rate decrease in your future. Farmers has requested an 18% rate reduction from the Ca. DOI.
Want to see what going on in the Antelope Valley real estate market? To view up-to-date information click on this LINK and select "Charts" from the tab at the top.
Wednesday, December 27, 2006
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