Southern California February Home Sales Lowest Since 2008

La Jolla, CA – March 12, 2014 – (RealEstateRama) — Southland home sales dropped to the lowest level for a February in six years as many would-be buyers struggled with inventory constraints, credit hurdles and reduced affordability. The median price paid for a home edged up slightly from January and remained nearly 20 percent higher than a year earlier, a real estate information service reported.


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