SAN DIEGO (CBS 8) - The National Association of Realtors says sales of previously owned homes jumped nearly eight percent to a seasonally adjusted annual rate of nearly five million units last month, which is the fastest annual rate since May 2010.
Nationwide, the median price for a home resale rose to more than $187,000 in August - up 9.5 percent from a year ago
In San Diego, homes have been selling all summer. In fact, local home sales have reached their highest level in six years.
Real Estate expert Mike Litton helps to break down the housing headlines in this video report.
Thursday, May 23 2013 3:07 PM EDT2013-05-23 19:07:03 GMT
A man who opened fire on vehicles on State Route 163 during the morning commute more than two years ago, was convicted Thursday of four counts.
A man who opened fire on vehicles on State Route 163 during the morning commute more than two years ago, wounding a college student and damaging the car of another motorist, was convicted Thursday of four counts.