Fear Driving Slide in Local Housing Market

Summary


It's all about fear.

Prices are down, interest rates are low and there are plenty of homes on the market. But sales of homes in the Southland were at their lowest level since 1995, according to numbers released Tuesday by DataQuick Information Systems.

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Extract


Fear Driving Slide in Local Housing Market

Sales in San Bernardino County were off 42.6percent in July from a year ago, a level even worse than the six-county Southern Californi...

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