Home Prices Fall All Over Southern California – by Lloyd Segal, President of The Los Angeles County Real Estate Investors Association

In December, as expected, the Federal Reserve raised its benchmark interest rate by half a percentage point and signaled more tightening next year as it continues to battle high inflation. It’s a fight that’s expected to slow our economy and raise unemployment. The half-point increase brings the federal-funds rate up to a range of 4.25%…

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