Archives for June 2012

Headlines in Real Estate for week ending June 29th 2012

Raised concerns over reverse mortgages, home sales jump and plan for California’s homeowner bill of rights moves forward. Here are the real estate headlines you may have missed this week: Homeowner Bill of Rights plans move forward (via San Francisco Chronicle) On Wednesday, a so-called “Homeowner Bill of Rights” moved a step closer to passing, with […]

Sales & Prices Up for New Homes in May

The sale of new homes spike 7.6% in May far exceeding expectations with the pace of new home sales reaching their highest levels since the home buyer tax credit back in 2010. Home prices also rose in this category by 5.6% year over year to a median price of $243,500. As inventory continues to be an […]

Headlines in Real Estate for week ending June 22nd 2012

Where are all the homes for sale? Foreign buyers ramp up and forecasts of a housing recovery. Here are the real estate headlines you may have missed: Taking advantage of low rates (via The New York Times) Mortgage rates continue to set new record lows, leaving many home buyers and refinancers wondering how low rates can go and how […]

It’s a Good Time to Buy [Infographic]

Is it really a good time to buy? According to the graphic below it is! Check out the combination of historically low interest rates and the low price of homes for sale in California. Was this useful? Share or leave a comment below!

Headlines in Real Estate for week ending June 15th 2012

New Home builders opt for larger homes, down payment: the buyer’s biggest struggle and much more. Here are the real estate headlines you may have missed this week: The advantages of preapproval (via The New York Times) The housing market is warming up in many areas, with multiple offers becoming more commonplace.  Buyers who want an […]

Building Your Net Worth With Real Estate

The Fed released it’s Survey of Consumer Finances on Monday which showed a tremendous drop in net worth for American households. The Median net worth of families in 2010 was $77,300 compared to $126,400 in 2007. This represents a nearly 40% decline in just 3 short years. As you may have guessed it, the collapse […]

Competition to Buy Remains High [Infographic]

The graphic below shows us why now may be an excellent opportunity to sell your home as we look at the percentage of homes for sale which receive multiple offers for the past decade. There is no shortage of buyers in today’s real estate market. Nearly half of the properties selling in California receive multiple offers. Was […]