LA JOLLA, Calif. ( DQNews) -- The Southland housing market started 2012 with slightly higher sales and slightly lower prices despite record-low mortgage interest rates. Home sales skewed toward the lower price ranges, which is normal for January, as many traditional buyers retreated and investors snapped up homes at a record level, a real estate information service reported.A total of 14,523 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 24.5% from 19,247 in December, and up 0.4% from 14,458 in January 2011, according to DataQuick of San Diego.
Southern California Home Sales Flat in January
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