Home prices fall in Southern California for the first time in 7 years – The Southern California median home price dipped slightly in March from a year earlier, the first annual decrease since 2012 and. traditional spring buying season coincides with a drop in mortgage.
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First-time buyers might be cash-strapped in this environment of rising home prices and higher mortgage rates. As a result, it can be harder for them to qualify for a conventional loan and they.
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