Southland home prices soar 8.6% -- a 'positive sign' for industry
Los Angeles Times
... director of the USC Lusk Center for Real Estate. "That is a legitimately positive sign." The median price for a home in Southern California was $271500, ...

The interesting points of this article include; Jan 2010 v 2009 are up. There are more buyers of smaller homes than there is inventory. Foreclosures account for more than 40% of all sales.