Hedge funds have moved on.

Thank goodness. Like bad weather does, things start west and move east. The big boys don’t love us any more and have moved to other areas. That give us a chance to have a more normal market that favors us small guys. I just know that this next year  is going to be so much better for us to find deals . If you have been discouraged, take heart.

Read more on Hedge funds have moved on….

So cal home prices flat in August.

 Southern California home prices unchanged in July and August as I predicted.

Sales hit a seven-year high for the month as more people could sell as they were not  underwater any longer. constructionThe median sales price was $385,000 last month in the six-county Southland, unchanged from July and June, real estate firm DataQuick reported Thursday. Prices were 24.6% higher than last year.

Read more on So cal home prices flat in August….