Tuesday, September 04, 2007

Daily Breeze - "A Perfect Storm Hitting the South Bay?" (9-2-07)

"Whether the South Bay housing market has turned into a slumbering bear or a lumbering bull depends on how you look at the market. The Multiple Listing Service of properties for sale shows more homes with reduced prices, and more cumulative days on the market. Monthly median home prices in the South Bay, however, are still ticking up overall."

Los Angeles Times - "Save energy and money with rebates" (9-2-07)

"Consumers have plenty of incentives for going green at home these days: rebates for conserving energy and water or harnessing the sun's power, even offers of free trees. And although qualifying for most of the rebates may mean buying higher-priced appliances and other goods, state energy companies have special programs to work with home- owners and renters of all income levels."

Los Angeles Times - "Cashing out, leaving California" (9-2-07)

"Broker Neil Klemow said he is seeing more California baby boomers purchase rural properties out of state. 'The real estate market in Southern California has been so ripe with appreciation for so long, that sellers want to take advantage of their equity and reinvest in a home at half the cost with double the value in land and amenities.'"

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