Home Price Rebound?…Don’t Hold Your Breath

 (From TheHousingBubbleBlog)…
The Associated Press reports on California. “Median home prices dropped 26.7 percent in May across Southern California’s six most populous counties compared with last year. DataQuick said it marked the steepest annual drop since the firm began keeping records in 1988. Median home prices fell to $370,000 in Los Angeles, Orange, San Diego, Riverside, [...]