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Real Sonoma

News and conversation about Sonoma County real estate

State homes sales to remain sluggish in 2011

California home sales will stay sluggish next year as the market continues to struggle with a weak economy and large numbers of distressed properties. Home sales will climb a mere 2 percent in 2011 after a projected drop of 10 percent this year, the California Association of Realtors forecast Monday. The median price also is expected to rise 2 percent next year to $312,500. In many geographical areas around the state, prices have increased from the lows of 2009, the… Read More »