Tag Archives: Housing Market

Congressman McKeon and Congressman Peters Introduce the Communities …

Washington, D.C. – May 17, 2013 – (RealEstateRama) — This week, Congressman Howard “Buck” McKeon (R-CA 25) and Congressman Scott Peters (D- CA 52) introduced H.R. 1997, the Communities Achieving Sustainability Act (CASA). CASA Authorizes the Housing Urban Development (HUD) … Continue reading

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California home sales and prices spring higher in April; median price posts …

LOS ANGELES, CA – May 16, 2013 – (RealEstateRama) — Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in … Continue reading

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Fannie Mae: From Ward of the State to Cash Cow

When Fannie Mae was bleeding cash back in 2008, the government took it into conservatorship, which allowed Fannie Mae to draw funds from the Treasury to stay afloat. In return, the government took senior preferred shares of the company. Fannie … Continue reading

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Housing Recovery Shows Up In Job Gains

Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading

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Equity sales hit five-year high; pending home sales post monthly gain as the …

LOS ANGELES, CA – April 22, 2013 – (RealEstateRama) — The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) … Continue reading

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Is Multi-Family Home Construction Overheating?

“With most data surpassing trailing 10-year averages, supply is clearly on the way. … The big unknown, in our view, is how desensitized (or not) investors are to the idea,” wrote David Toti and Gaurav Mehta, analysts at Cantor Fitzgerald. … Continue reading

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Is Multifamily Home Construction Overheating?

“With most data surpassing trailing 10-year averages, supply is clearly on the way. … The big unknown, in our view, is how desensitized (or not) investors are to the idea,” wrote David Toti and Gaurav Mehta, analysts at Cantor Fitzgerald. … Continue reading

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Real Estate License Holding Service Keeps Inactive Agents Ready for a … – Virtual

Brokerage service allows real estate agents to park and maintain their licenses. In light of a recovering housing market, ParkCaLicense.com provides a way for agents to keep their real estate licenses active. Los Angeles, CA (PRWEB) April 09, 2013 ParkCaLicense.com … Continue reading

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Is California’s Wild Housing Market a Sign of a Bubble?

California is the comeback kid of the housing recovery. Though home prices are making annual gains not seen since 2006, The Golden State sticks out as one where they are on a startlingly dramatic swing upward. California prices have posted … Continue reading

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February Pending Home Sales Index

California pending home sales up in February, but down from a year ago; share of equity sales now at more than two-thirds, C.A.R. reports LOS ANGELES, CA – March 25, 2013 – (RealEstateRama) — Pending home sales in California rose … Continue reading

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