Recent coverage of the current Southern California housing market and related issues.
(Lawrence K. Ho / Los Angeles Times)
WAITING IT OUT: Eric Broida is interested in buying a nearby house but doesn't plan on doing so until the asking price drops an additional $400,000. Experts say prices could fall 15% to 25% before rising again.
(John Gastaldo / San Diego Union-Tribune)
DELIVERING A MESSAGE: Activists at Countrywide Financial offices in San Diego demand a halt to foreclosure proceedings for those behind in home payments.
(Michael Robinson Chavez / Los Angeles Times)
AT HOME: Hedy Maar and daughters Leylah, left, and Sarah. A first-time-buyer program helped the Maars to buy their $479,950 Granada Hills home.
(Irfan Khan / Los Angeles Times)
UNSOLD: Rebecca Knowlton stands behind the door of her home. The house, near new Corona developments, has been on the market two years.
(Karen Tapia-Andersen / Los Angeles Times)
SIGNS OF THE TIMES: Take your pick - there's no shortage of homes for sale on this block in Moreno Valley, vying for buyers with nearby price-reduced new homes.
(Irfan Khan / Los Angeles Times)
NO SALE: "We had some offers," Knowlton says, "just none that I wanted to take. We decided to sell at the wrong moment."
(Karen Tapia-Andersen / Los Angeles Times)
SPROUTING: Weeds grow at a Moreno Valley house with a lock box. Abandoned properties that are not maintained hurt the chances of selling nearby dwellings.
