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Home prices slip, sales stall as rising borrowing costs persist in Southern California

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With mortgage rates averaging above 7% for the first time in 22 years, home buying fell to one of the lowest levels on record. By Jeff Collins | JeffCollins@scng.com | Orange County Register Rising mortgage rates continued to dampen Southern California’s housing market, causing both sales and prices to fall in September. The median price […]

November 3, 2023

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