Here's what Southern California's housing market cooldown means for buyers, sellers

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The Southern California housing market is finally slowing down after a two-year pandemic boom fueled in large part by record low borrowing costs. Now, with mortgage interest rates on the rise, home sales are down, inventory is up and the prospect of home value declines is around the corner. In June, the Southern California median home price fell 1.3% from May, despite the fact it usually increas...

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