REAL Trends Updates

#1176
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February 9, 2010

California million-dollar home sales drop

The number of California homes that sold for $1 million-plus declined for the fourth consecutive year in 2009, the result of buyer reticence, a difficult mortgage market and several years of price drops that tugged the value of many homes below the million-dollar threshold, according to MDA DataQuick of San Diego.A total of 18,621 Golden State homes sold for a million dollars or more last year....  This content only available to REAL Trends Members. Please log in below.

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