Home prices in parts of Southern California are at record highs — and keep rising
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In many corners of Southern California, home prices have hit record highs. And they keep going up. The price increase was even greater than the 7.1% rise recorded in May, and some agents say there are no signs of a slowdown in the Southern California market.
In Los Angeles County, the median price in June jumped 7.4% from a year earlier to $569,000, surpassing the previous record set in May. In Orange County, the median was up 6.1% from 2016 and tied a record reached the previous month at $695,000.
The article is written by Andrew Khouri for Forbes Online. You can read the full article here.
Sheila Abai is a senior mortgage consultant. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at sheilaabai10@gmail.com or via telephone at (310) 666-6601.
