California home sales and price gains temper in May as buyers confront housing affordability constraints and low inventory


    LOS ANGELES – June 17, 2014 – (RealEstateRama) — California home sales eased slightly in May as a shortage of homes and housing affordability concerns held back would-be home buyers, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.  Meanwhile, the median home price posted higher from both the previous month and year for the third consecutive month and remained at its highest level since December 2007

    Previous articleAyala: Bridgeport Neighborhood Trust to Help More Families Find a Good Home
    Next articleCA Wildfire Threatens Hundreds of Homes; IBHS Urges Residents to Heed Evacuation Orders