California homeowner cuts price nearly in half in 'brutal' market

California homeowner cuts price nearly in half in 'brutal' market

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The housing market has proven to be a tough terrain in Joshua Tree, California, evidenced by a house that sold for $340,000 in December after being purchased for $600,000 in 2021, marking a $240,000 loss. Initially listed at $625,000 in early 2023, the home, situated east of Los Angeles in the…

#joshuatree #mojavedesert #redfin #federalreserve

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