Sunday, June 15, 2008

Updated SoCal MLS Stats

SoCal MLS updated their closed homes for May. Closings are around 2538 and Condo sales are 772. I would have been shocked if the initial reported numbers (which were down sequentially) held up. If the tales of the REOs being motivated sellers were true we should see increased sales from the historic lows we saw the first 4 months of the year.

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