George M. Holstein III, a pioneering Southern California home builder who developed thousands of dwellings and created landmark communities, died at age 64 from cancer.
'92 Saw Steep Decline in Sales of Million-Dollar-Plus Homes
Million-dollar home sales in Southern California declined 17.8% in 1992, with sellers either withholding properties or pricing below the million-dollar threshold amid market weakness.
Record prices push Southern California home sales 35% below average
Southern California home sales plunged to the second-slowest June on record as high median prices ($835,000) and rising mortgage rates erode affordability.
