California's real estate market won't recover in the same manner seen around the country, reports the California Association of Realtors Via the AP: "Home sales in California are expected to dip next year, bucking the national trend, as unemployment and the loss of a tax incentive for homebuyers weigh on the country's largest housing market, a forecast Wednesday showed. The California Association of Realtors' 2010 housing market forecast calls for home sales to slow by 2.3 percent from a projected 540,000 homes this year to 527,000 next year." More on the latest unemployment numbers. [CAR]
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Built in 1910, the house sits on a lush property that includes a recording studio out back.
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