Real Estate News
LOS ANGELES (Oct. 4) – A weaker-than-expected economic recovery will result in a projected decline in California home sales for 2010, although home sales are expected to edge up slightly in 2011, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
Filed under: California Real Estate News on November 11th, 2010 | Comments Off
Fading government stimulus and waning buyer enthusiasm caused Southern California’s housing market to soften in August — but not as badly as earlier in the summer. The median price for a Southland home in August dropped 2.4% from the month before to $288,000, the third consecutive month-to-month drop for the closely watched indicator, San Diego [...]
Filed under: California Real Estate News, Economic Recovery, Home Buying, Home Prices, Home Sellers, Home Selling, Housing Market Trends, La Times, Local LA Real Estate News, Market Update on September 16th, 2010 | Comments Off
California home prices remained almost flat in July but sales stalled as federal tax credits for buyers expired. The median price paid for a home last month was $268,000, down less than 1% from June, and up 7.2% from July 2009, according to MDA DataQuick of San Diego. The year-over-year increase was the ninth in [...]
Filed under: California Real Estate News, First-Time Homebuyer Tax Credit, Home Buying, Home Prices, Home Selling, Housing Market Trends on August 23rd, 2010 | Comments Off
Real estate deals in which lenders agree to take less for a property than the balance on the mortgage have tripled since 2008, a report says. Sales of homes for less than the amount of their outstanding mortgage debt have tripled since 2008, particularly in California and the Sunbelt, according to a report released Tuesday. [...]
Filed under: California Real Estate News, Economic Recovery, Foreclosures and Short Sales, Home Prices, Home Sellers, Housing Market Trends on August 11th, 2010 | Comments Off
Housing starts fall 5% overall from May, single-family home construction is down 0.7% and apartment construction declines nearly 20%, the government says. It’s the latest sign of trouble in the housing market. New residential construction dropped in June, another indication that the U.S. housing market is struggling. Housing starts fell 5% in June from May, [...]
Filed under: California Real Estate News, Home Buying, Housing Market Trends, National Real Estate News on July 23rd, 2010 | Comments Off
Built 2006 Sophisticated Elegance Classic Mediterranean! This almost new town home features: dramatic natural light, designer finishes, open floor plan, maple hard wood floors, recessed lights, crown moldings, cooks kitchen with Caesar stone counters, wine cooler and stainless steel appliances opens to one of a kind large private landscaped yard and patio, master suite with [...]
Filed under: California Real Estate News, Home Buying, Santa Monica Activities, Santa Monica Neighborhoods, Santa Monica News, Uncategorized on July 16th, 2010 | Comments Off
Two reports released Monday raise hope that the country’s tide of home-loan defaults may finally be starting to recede, but the picture is far from clear. Credit data giant TransUnion said serious delinquencies – home loans on which borrowers are at least 60 days behind on payments – fell slightly across the nation in the [...]
Filed under: California Real Estate News, Economic Recovery, Foreclosures and Short Sales, Lending Info, loan modification, Mortgage News on July 7th, 2010 | Comments Off
The May increase to $305,000, compared with the same period a year earlier, reflects a shift in sales in the region. Purchases climb 7.2% as buyers rush to take advantage of tax incentives. The Southland’s housing market surged in May with the median home price soaring 22.5% from its year-earlier level as tax incentives for [...]
Filed under: California Real Estate News, Economic Recovery, First-Time Homebuyer Tax Credit, First-Time Homebuyers, Foreclosures and Short Sales, Home Buying, Home Prices, Home Sellers, Home Selling, Housing Market Trends, Local LA Real Estate News, Market Update, Mortgage Rates on June 21st, 2010 | Comments Off
Case-Shiller index of 20 metro areas shows prices up 2.3% in March from a year earlier. But they fell 0.5% from February. The mixed reading leaves economists disagreeing over where the market is headed. Home prices in 20 major cities gained ground in March for the second consecutive month compared with their beaten-down year-earlier levels, [...]
Filed under: California Real Estate News, Economic Recovery, First-Time Homebuyers, Foreclosures and Short Sales, Home Buying, Home Prices, Home Sellers, Home Selling, Housing Market Trends, Local LA Real Estate News, Market Update, National Real Estate News on May 26th, 2010 | Comments Off
Analysts attribute the increase, to $249,000, to more higher-end houses and fewer bank-owned properties changing hands. By Alejandro Lazo The Los Angeles Times California’s median home price rose a robust 11.2% in February from the same period a year ago as fewer foreclosure properties sold, while the number of homes sold fell 3.8%. The median [...]
Filed under: California Real Estate News, Economic Recovery, Foreclosures and Short Sales, Home Buying, Home Prices, Home Sellers, Home Selling, Housing Market Trends, Market Update on March 19th, 2010 | Comments Off
