HAPPY HOLIDAYS & SUCCESSFUL NEW YEAR!!! More homes were trading hands, with last month's sales total 65% higher than a year ago. But DataQuick President John Walsh noted that the figures were recorded "before the dramatic worsening of the nation's economic crisis in recent weeks. "The median Southern California home sale price was $308,500 in September, down 7% from August and 33% from a year ago, according to real estate research firm MDA DataQuick.
The Federal Reserve cut a key short-term interest rate by a half-percentage point. The rate cut put the central bank's federal funds rate at 1%. That matched the lowest level ever for this overnight bank lending rate. The last time it was at 1% was from June 2003 to June 2004.
This was the ninth time the central bank has lowered rates since Sept 2007 in an effort to deal today's troubled economy and credit markets. The decision to lower rates was unanimou Contact your REALTORŪ Dessi Held today!
ZIP Code: 91320 Location Characteristics: Newburry Park,is cooled by ocean breezes and features some of the top-rated schools in the Conejo Valley. It is also the location of one of the newest Master Planned Communities, Dos Vientos. Dos Vientos is known for the natural beauty of the surrounding mountains and open space, as well as the highly acclaimed Sycamore Canyon School which serves grades K-8.
About Dessi Held:
I am dedicated to put my energy and experience to work, to help families realize their greatest dreams. I 'am committed to full service from start to final close of escrow. Helping first time buyers, investors and families relocating to the area. When you want to make the most of your next move, call Dessi today and get results in weeks! Speaking fluently Bulgarian & Russian language
805.796.7792 visit my web site at: www.DHeld.com
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