clock menu more-arrow no yes mobile

Filed under:

Ray of Light for RE Industry?

As February came and went, it shed an uncharacteristic ray of light on homeowners and real estate investors who have been living under otherwise overcast skies. For the first time since July, more homes changed hands—2.9% more to be exact— than in the previous month. And in California, specifically? Home sales were up 9.5% from January, making it the fourth seeing an increase in that figure. Hmm... Not exactly the good news we're all waiting for, but its an amazing lesson in how quickly we can lower our standards. [SF Gate]