Tag Archives: Condominiums

Cash purchases of California homes hit record in 2012

Who needs a mortgage when you have greenbacks to spare? Not the wealthy, and certainly not investors, both of whom appear to be saturating California’s real estate market these days. The latest sign: Cash purchases of homes in the Golden … Continue reading

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California home prices rise 19 percent in October

SAN DIEGO (AP) — California home prices posted an eighth straight annual increase in October, a research firm said Wednesday, the latest evidence that the state’s housing market recovery is picking up steam amid tight inventories. The median price for … Continue reading

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October home sales hit 3-year high; prices up 17% year over year

Southern California’s real estate market bucked the typical fall slowdown last month, with buyers snapping up pricier homes and sales roaring up 18% over the prior month. Sales hit a three-year high for an October, rising 25% from the same … Continue reading

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The California Real Estate Market is Heating Up

It wasn’t just heating up outside this summer and fall. The real estate market was definitely heating up as well! Prices in California are up again. Our home prices are now at a four-year high. “The median price for new … Continue reading

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$292000 could buy four-bedroom home

The following update on local real estate information is based on Multiple Listing Service data as of Friday. BREA Properties available: 53 Condominiums: 6 Houses: 47 Short sales and REOs: 10 Average condo price: $307,483 Average house price: $713,586 Average … Continue reading

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Home Sales on Track to Hit 5-Year High

Sales of existing single family homes and condominiums beat expectations for August, rising to the highest level since May of 2010, when the government’s home buyer tax credit juiced sales temporarily. This time it could be argued that the government … Continue reading

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Southern California real estate gets a boost in May with more homes…

Southern California’s real estate market got its buying season bump in May with home sales increasing more than 20 percent and the median price hitting a 20-month high, a market tracker said Wednesday. Sales increased in all six Southern California … Continue reading

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Southern California real estate gets a boost in May with more homes … – Long Beach Press

Southern California’s real estate market got its buying season bump in May with home sales increasing more than 20 percent and the median price hitting a 20-month high, a market tracker said Wednesday. Sales increased in all six Southern California … Continue reading

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Condos taking about 90 days to sell

The following update on local real estate information is based on Multiple Listing Service data as of Friday. BREA Properties available: 61 Condominiums: 6 Houses: 55 Short Sales and REOs: 18 Average condo price: $333,983 Average house price: $611,393 Average … Continue reading

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Southern California housing data signal turnaround

Southern California’s housing market showed signs of turning the corner in April as foreclosures made up the smallest share of sales in four years and the region’s median home price increased for the first time since late 2010. Among other … Continue reading

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