Southland home sales edge up, prices level off

	Sales Volume Median Price All homes Jun-09 Jun-10 %Chng Jun-09 Jun-10 %Chng Los Angeles 7,636 7,849 2.8% $320,000 $335,000 4.7% Orange 2,958 3,423 15.7% $418,000 $445,000 6.5% Riverside 4,694 4,645 -1.0% $185,000 $210,000 13.50% San Bernardino 3,438 3,179 -7.5% $140,000 $160,000 14.30% San Diego 3,692 3,885 5.2% $314,250 $335,500 6.8% Ventura 844 890 5.5% $365,000 $384,000 5.2% SoCal 23,262 23,871 2.6% $265,000 $300,000 13.20%
	Per DQ news.com, “The market was wildly out of kilter a year ago, now it’s just somewhat out of kilter. We’re still seeing lots of bargain hunting, and we’re not seeing much discretionary buying. The single-biggest issue is still mortgage financing. Rates may be at record lows, but that doesn’t mean much if the lender won’t qualify you." The Sanborn Team is here to help you with all of your real estate needs! For more information about us and to view our probate listings, please visit our website at: www.sanbornteam.com

New Probate Listing in Compton, California

1713 Tucker Street
Compton, California
$199,000
3 bedroom 1 bath home located in a residential area east of Long Beach Blvd.
This property is being sold in a probate sale and is subject to court confirmation.
It has been freshly painted and there are newer floor coverings.
We have attached a recent article that we found on MSN.com that discusses the Compton area; we hope it will be useful for interested buyers.
http://www.newsweek.com/id/190871/

For additional information please contact Nancy Sanborn or Allison Sanborn at 310-777-2858 or visit our web site at http://www.sanbornteam.com/

First Time Buyers Information

We know that there are many people who browse our SanbornTeam Real Estate web site looking for information about Probate and Trust Real Estate properties for sale, including many first-time buyers.

We want to share with all of our readers the following web site:
www.federalhousingtaxcredit.com. This web site contains interesting and timely information about the Federal Housing Tax Credit that is currently being offered.

The Sanborn Team is here to assist you with all of your Real Estate needs. Please do not hesitate to call us at 310-777-2858 or visit our web site http://www.sanbornteam.com/