Four out of very five homes for sale in California were equity sales in July. This trend of traditional sales has been on the rise for 17 of the past 18 months according to the CALIFORNIA ASSOCIATION OF REALTORS®.
CA Housing Fast Facts
March 7, 2013 by
California median home price: January 2013: $337,040 California highest median home price by region/county January 2013: Marin, $799,110 California lowest median home price by region/county January 2013: Madera, $98,330 California Pending Home Sales Index: December 2012: 82.3 , down 20.5 percent from November’s 103.5. California Traditional Housing Affordability Index: Fourth quarter 2012: 48 percent (Source: C.A.R.) Mortgage rates: Week ending 2/28/2013 30-yr. fixed: 3.51% fees/points: 0.8% 15-yr. fixed: 2.76% fees/points: […]
CA Housing Fast Facts
February 21, 2013 by
California median home price: December 2012: $366,930 California highest median home price by region/county December 2012: Marin, $796,880 California lowest median home price by region/county December 2012: Lake County, $127,500 California Pending Home Sales Index: December 2012: 82.3 , down 20.5 percent from November’s 103.5. California Traditional Housing Affordability Index: Third quarter 2012: 49 percent (Source: C.A.R.) Mortgage rates: Week ending 2/14/2013 30-yr. fixed: 3.53% fees/points: 0.8% 15-yr. fixed: 2.77 […]
December Existing-Home Sales Down but Who Cares
January 23, 2013 by
Existing-home sales dipped slightly in December and that may be news worthy but among the data delivered Tuesday by the NATIONAL ASSOCIATION of REALTORS®, there is a much more important take away. Here are the most significant points of NAR’s release. December’s existing-home sales, which do not include new construction were down 1% month-over-month however, year-over-year sales […]
Housing demand too strong for supply
January 14, 2013 by
It wasn’t too long ago when for sale and foreclosure signs lined our streets and neighborhoods for months on end with buyers afraid to make a move only to see home values drop more. Those days however are long gone. In San San Diego County, a home seller can expect to receive multiple offers on […]
Why it feels homes sell before you get to them
January 8, 2013 by
In todays competitive real estate market many buyers find themseves frustrated at their choice of homes available. This can be especially true of those home buyers scouring the web without the help of a real estate professional or at least a competent one. The would be buyer will perform countless searches through consumer websites such […]
Pending Home Sales: Now & Then
December 11, 2012 by
If you’ve been keeping up with the housing market lately you may have heard of a rebound in home prices and a lack of available homes for sale yet many don’t seem to beleive the real estate market is any better in 2012 than it was last year in 2011. The folks over at Keeping Current […]
New home sales down but for good reason
November 28, 2012 by
New home sales declined 0.3% in October, according to a government report released Wednesday. Despite the monthly drop, sales were still up 17% from a year earlier. New houses sold at an annual rate of 368,000 in the month, down from 369,000 in September, according to a report from the U.S. Census Bureau and the […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
