By Alejandro Lazo The Los Angeles Times But January’s year-over-year increase to $271,500 is a 6.1% drop from December. Total sales climb about 1% from a year earlier. Home sale prices in Southern California showed fresh strength in January, bouncing 8.6% from the same month one year earlier – a period when the market was [...]
Filed under: California Real Estate News, Economic Recovery, Federal Housing Regulations, Foreclosures and Short Sales, Home Buying, Home Prices, Home Selling, Housing Market Trends, Market Update on February 17th, 2010 | Comments Off
Alejandro Lazo The Los Angeles Times The number sold in the state drops 23.8%, for a fourth year of decline in a row. Sales of California homes priced at $1 million or more tumbled for a fourth consecutive year in 2009, according to a report released Thursday. The number of million-dollar-plus homes sold dropped 23.8% [...]
Filed under: California Real Estate News, Economic Recovery, Foreclosures and Short Sales, Home Prices, Home Selling, Housing Market Trends, Jumbo Home Loans, Market Update on February 5th, 2010 | Comments Off
Alejandro Lazo The Los Angeles Times A National Assn. of Realtors gauge of future home purchases increases 1% to 96.6 in December compared with a month earlier. Contracts for home purchases in December eked out a gain over the prior month, according to data out Tuesday, one sign that the U.S. housing market might muddle [...]
Filed under: Economic Recovery, Home Buying, Home Prices, Home Selling, Housing Market Trends, Market Update, National Real Estate News on February 3rd, 2010 | Comments Off
Alejandro Lazo The Los Angeles Times Sales of previously owned houses fell 17% in December, raising fears about recovery Sales of previously owned homes nationwide plunged steeply in December, raising concerns that the housing recovery could lose steam after government policies intended to support it expire in the spring. For now, California appears to be [...]
Filed under: California Real Estate News, Economic Recovery, Federal Housing Regulations, First-Time Homebuyer Tax Credit, Foreclosures and Short Sales, Home Selling, Housing Market Trends, Market Update, Mortgage News, Mortgage Rates, National Real Estate News on January 27th, 2010 | Comments Off
The December figure is up 1.1% from the previous month and a 6% increase over a year earlier Alejandro Lazo The Los Angeles Times California home prices ticked up 1.1% in December from the previous month, continuing a slow but steady improvement for the state’s housing market, according to data released Thursday. Home sales have [...]
Filed under: California Real Estate News, Economic Recovery, Home Buying, Home Prices, Home Selling, Housing Market Trends, Market Update on January 22nd, 2010 | Comments Off
By Joan Sather The Palisadian-Post As a veteran real estate agent here in Pacific Palisades, I would like to offer some tips to home buyers and home sellers, gleaned from representing both sides of the aisle. Buyers and the Three-Legged Stool Yes! The market statistics say it’s a good time to buy. But perhaps the [...]
Filed under: Economic Recovery, Home Buying, Home Sellers, Home Selling, Problem Solving on December 14th, 2009 | Comments Off
