The LA Times reports this morning that “home prices increased 6.3% in October from a year earlier, the biggest year-over-year gain since 2006.” So it’s more good news for our local housing market, the one downside being the persistence of low inventory, especially in price points that many first-time buyers find attractive. Our takeaway? It’s a great time to sell your home. For a complimentary valuation of your property, contact Tracy Do Real Estate.

Jim Puzzanghera’s full LA Times article can be found here.

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