Robert Kleinhenz
Robert Kleinhenz
beginning continuing dramatic increase january level rather saw state year
For the better part of 2005, it was in the 3- to 3.5-month range. We saw a rather dramatic increase at the state level beginning in January of this year and continuing in February.
compared home increase percent price projected saying
For 2006, we're saying California's median home price will go up by 10 percent, compared with a projected increase of 16 percent for 2005.
certainly concern low reach record
It certainly is a concern when we reach a record low for affordability.
adopted buyers dropped home months row sales seen three
We have now seen three months in a row where sales have dropped more than expected. At least some home buyers have adopted a wait-and-see attitude.