California pending home sales climb from previous month and year; tight inventory in distressed market persists

California pending home sales climb from previous month and year; tight inventory in distressed market persists

LOS ANGELES, CA – March 27, 2012 – (RealEstateRama) — Pending home sales in California gained ground for the second consecutive month in February, while the share of equity sales posted higher after two months of decline, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

SHARE

Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Contact:

Los Angeles - Executive Office:
525 South Virgil Avenue
Los Angeles, CA 90020-1403
Phone: (213) 739-8200
Fax: (213) 480-7724

Media:

Mark Giberson
Phone: (213) 739-8304.

Previous articleScenic Coast Association of REALTORS® offers Clarus MarketMetrics® as a member benefit
Next articleCoral Mortgage Operator Sentenced on Multi-Million-Dollar Securities Fraud