CA Single Family Home Sales Way up in November 2009

California Association of Realtors (C.A.R.) says that resale of existing, single-family homes increased 4.7 percent statewide in November to a seasonally adjusted rate of 536,720 units on an annualized basis.

 

The Unsold Inventory Index fell to 4.5 months in November 2009, as compared with 7.1 months in November 2008. 

 

So it would theoretically take 4.5 months to sell all CA homes now on the market at that rate of sale, which is a much shorter market time than 2008.

 

See article at OC Metro - California Single Family Home Sales Up 4.7 percent in November -  click here for link to article.

 

We hope this real estate business success for California will continue and be sustained through the spring 2010.

 

 

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Harrison K. Long, Explore Group, Coldwell Banker Previews, Irvine, CA.  Irvine Realtor.  CA DRE #01410855.  ExploreProperties@gmail.com.  Tel. 949-854-7747

 

                   

 

 

Posted via email from Explore OC Homes