Tag Archives: Distressed Sales

Distressed home sales decline in California

Posted on May 23, 2013 by sheri

Distressed home sales in California in April declined to their lowest level since February 2008, according to the California Association of Realtors. Distressed sales fell to 24.4 percent, down from 27.9 percent in March and 45.8 percent in April last … Continue reading →

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Distressed sales continue downward trend; underwater homes gaining equity …

Posted on May 23, 2013 by sheri

LOS ANGELES, CA – May 22, 2013 – (RealEstateRama) — Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in … Continue reading →

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Average Home Sales Dip 10 Percent in February, While Average Home Prices …

Posted on March 30, 2013 by sheri

PALM DESERT, CA – March 29, 2013 – (RealEstateRama) — Existing homes sales dipped 10 percent in February 2013 over February 2012 while the average sale price continues to rise, the California Desert Association of REALTORS® reported today. The average … Continue reading →

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Foreclosure-Related Homes Still Driving Sales

Posted on February 28, 2013 by sheri

Foreclosure-related sales made up 21 percent of all U.S. sales in 2012 and short sales, when the home is sold for less than the value of the mortgage, made up 22 percent, according to a new report from RealtyTrac. Add … Continue reading →

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5 Reasons Why The Case Against California’s Housing Rebound Is Ludicrous

Posted on January 23, 2013 by sheri

Jim Klinge Despite our best efforts to explain otherwise, some bears still believe California’s housing rebound is a mirage. John Burns, a Southern California-based real estate guru, says anyone still holding onto such negative beliefs is mistaken. In his latest … Continue reading →

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US Home Prices Surge Despite Distress

Posted on January 17, 2013 by sheri

Just six states, Delaware, Illinois, Connecticut, New Jersey, Rhode Island and Alabama saw annual price depreciation. New Jersey still has a huge backlog of distressed properties, as does Illinois. Arizona, Nevada and California are seeing big home price gains, as … Continue reading →

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California pending home sales decline in November; share of equity sales …

Posted on January 3, 2013 by sheri

LOS ANGELES, DC – January 02, 2012 – (RealEstateRama) — Seasonal factors sent California pending home sales lower in November, while equity home sales continued their upward trend, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. Pending home sales data: … Continue reading →

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California Pending Home Sales Decline in November; Share of Equity Sales …

Posted on December 28, 2012 by sheri

LOS ANGELES, Dec 28, 2012 (BUSINESS WIRE) – Seasonal factors sent California pending home sales lower in November, while equity home sales continued their upward trend, the CALIFORNIA ASSOCIATION OF REALTORS(R) (C.A.R.) reported today. Pending home sales data: C.A.R.’s Pending … Continue reading →

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REAL ESTATE: Focus shifts to short sales – Press

Posted on December 6, 2012 by sheri

Homeowners shifted more attention to short sale properties from July through August, a new report by RealtyTrac says. That may have had a hand in helping to cut down on the flow of foreclosure activity in California. Data released Thursday, … Continue reading →

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Housing Recovery Is Leaving Behind First-Time Buyers

Posted on November 27, 2012 by sheri

Current homeowners are finally moving up, and distressed sales are making up less of the overall market—all signs of much-needed improvement in housing. Current homeowners accounted for 54 percent of October’s non-distressed market, up from 50 percent in June, according … Continue reading →

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