Jonathan Lansner, staffer at The Orange County (Calif.) Register, shares a half-dozen points to know about the housing market in the Golden State this summer.
The trends include a decline in home sales. Lansner reports that the 41,291 California single-family homes and condominiums sold in June were down 4.5% in a year, PropertyRadar says. Year-to-date, sales are off 2.8%. Is it a shortage of shopper choices or are house hunters antsy about the economy?
However, prices are still rising. Check out the other key trends.