Doom and gloom headlines, give way to hidden optimism
http://www.pe.com/business/realestate/stories/PE_Biz_D_dataquick19.72c6e0.html
As usual, doom and gloom headlines gets more eyeballs, but look what we found hidden in the middle of the article, looks like some positive information to us!!
"Home prices meanwhile have stabilized. In Southern California the median price for new and resale homes combined where half the homes sold for more and half for less was $290,000 last month, or just $1,000 higher than the median price a year earlier.
Riverside County's median home price of $200,000 was up 2 percent from a year earlier..."