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California housing market nearing a bottom

Posted on 02 April 2012

Signs of a bottom in the California real estate market are taking hold, with buyers snapping up the most affordable properties and long backlogs of unsold homes starting to be absorbed.
An improving jobs outlook in Northern California, continued low mortgage rates and the ongoing influx of new residents into the Golden State provide support to a healing housing market………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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