The October median home price was actually up! Not by a whole lot, mind you - $139,000, which is whole $1,000 higher than the month before and still down almost 27 percent from October 2008. Sales were up 5.3 percent from September and 30 percent from a year earlier. Signs of a turnaround in the nation's worst housing market? I wouldn't bet on it. (LasVegasNow.com)

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   Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.
Mark Lacter created the LA Biz Observed blog in 2006. He posted 
until the day before his death on Nov. 13, 2013.