The number of home sales is finally increasing in Southern California, one of the hardest-hit areas. The bad news is that about half of the homes were sold as part of foreclosure proceedings, and it appears that many homes finally moved because of drastic price reductions.
price reductionsCalif. Home Sales Up Amid Drastic Price CutsNPR Programs: Morning Edition Tue, 08/19/2008 - 11:13am
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