The California market has really picked up here in the beginning of 2009. California Existing Home Sales are up over 100% over last year at this same period. The unsold inventory index has dropped 60% from last year. Last year at this time we had a 16.6 month inventory in the state and now we are down to 6.7 months. That is a very healthy sign for the California housing market and pointing to a near bottom for the state. Follow the link below to see the latest statistics for the state of California.
Zen's March 09 California Market Update
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