Tag Archives: Home Affordability

Deep Freeze: Home Sales Barely Budge in Spring

“Only new home construction can genuinely help relieve the inventory shortage, and housing starts need to rise at least 50 percent from current levels,” said Lawrence Yun, chief economist for the National Association of Realtors in a release. “Most local … Continue reading

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Deep Freeze: Home Sales to Barely Budge in Spring

“Only new home construction can genuinely help relieve the inventory shortage, and housing starts need to rise at least 50 percent from current levels,” said Lawrence Yun, chief economist for the National Association of Realtors in a release. “Most local … Continue reading

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Neighborhood Housing Services of Los Angeles County (NHS) Along With the …

Los Angeles, CA – March 8, 2013 – (RealEstateRama) — Neighborhood Housing Services of Los Angeles County is joining forces with City of Pico Rivera to help families with homeownership. Home affordability is higher now than in the past, this … Continue reading

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Housing’s Recovery Means Fewer Can Afford Homes

Rising home prices are not the only factors hitting home affordability. Fees charged to lenders by Fannie Mae and Freddie Mac (known as “guarantee fees” for bundling and selling mortgages) began rising dramatically in the past month and are now … Continue reading

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Canadians outpace all other foreign buyers in US real estate market

Canadians are playing a larger role in the U.S. housing market than in any year since 2007 and they outpace buyers from China and Mexico by far, according to a new survey of American real estate brokers. More Related to … Continue reading

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CA: Homes Still Difficult to Afford in Orange County

Housing affordability is up, but there’s not enough improvement in Orange County. Some not-so-good local news lurks behind the “National Affordability At Record High” headline hoopla from the National Association of Home Builders/Wells Fargo Housing Opportunity Index. Orange County home … Continue reading

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Home affordability still O.C. problem

Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call “Thursday Morning Quarterback.” Here’s his latest installment. … Housing affordability is up, but there’s not enough improvement … Continue reading

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REAL ESTATE: Germans horrified by American foreclosure crisis – Press

A journalist working for a German radio and television network was in Inland southern California with a producer and camera crew this week covering the foreclosure crisis. I met her in the encampment of journalists outside the home of Arturo … Continue reading

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REAL ESTATE: Home affordability rises nationwide – Press

Home affordability continued to rise in Inland Southern California, but not as fast as nationwide, according to the National Association of Home Builders/Wells Fargo Market Index. Households in the Riverside-San Bernardino-Ontario metropolitan region with the median family income of $62,500 … Continue reading

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Southern California home sales are flat

Southern California’s housing market stalled in September, with sales flat and the region’s median price down compared with the same month last year, according to DataQuick, a San Diego real estate information firm. Sales of new and resale homes and … Continue reading

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