Just When You Thought It Was Safe To Get In The Water

A new breed of animal has entered the real estate market the Property Shark. The latest results for Southern California from DataQuick Information Services show what’s going on. The media price in May fell a staggering 27% from $505,000 to $370,000, the largest drop since the firm began recording prices back in 1988. We’re now back to March 2004 prices.

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