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Loan Modification

: Mortgage Lender Implode-o-Meter

In SoCal, a Pulse for Higher-End Homes

By Implode-Explode Heavy Industries

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" Shifting sales activity away from a heavily-discounted glut of foreclosures in the Southland and a re-emergence of at least some sales activity among homes in the $500,000-plus range helped push the median price of a Southern California home upward in May for the first time since July 2007, according to data released Wednesday by San Diego-based MDA DataQuick."

Full post as published by Mortgage Lender Implode-o-Meter on June 18, 2009 (boomark / email).

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