Tag Archives: Improvements

Here’s What Is Really Behind Home Price Gains

This is also a repeat sales index, but it is based on a three-month running average. The National Association of Realtors reported median home prices up nearly 12 percent in March, but being a median, that number relies on the … Continue reading

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Home Builders Get Jitters for First Time in a Year

Of the three components making up the index, current sales conditions fell one point to 51, still the only component solidly in the positive. Sales expectations over the next six months rose one point to 50, but buyer traffic remained … Continue reading

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Parent to Child Transfers of California Real Property Tax Tip Sheet

Change in California real estate ownership may incur documentary transfer tax and capital gains tax. Ownership changes may increase future property taxes. For simplicity, in this tip sheet the term “parent-child exclusion” refers to both the parent-child exclusion and the grandparent-grandchild … Continue reading

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Fannie Mae’s New CEO: ‘Comfortable’ With Decision Not to Slash Mortgage Balances

Fannie Mae is no longer bleeding cash, at least for now. After devastating losses since 2008, the mortgage giant reported its second straight quarter of positive net income, even after making a $2.9 billion dividend payment to the U.S. Treasury. … Continue reading

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Why Rise in Home Prices May Not Mean Much—Yet

Average home prices through May increased for the second month in a row, according to the latest SP/Case-Shiller Home Price Indices, which measure both the top ten and top twenty housing markets in the US. Prices are still down from … Continue reading

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Home sale contracts declined last month in California

The number of contracts signed for new home purchases in the Golden State dropped nearly 8% last month as the inventory of homes for sale remained tight, according to a real estate group. The California Assn. of Real Estate’s home … Continue reading

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California Housing Market Improves, Unemployment Drops

A solid national jobs report this morning — 227,000 new jobs added, unemployment rate steady at 8.3 percent — was followed by a psychologically significant California report, from the state’s Employment Development Department. At long last, we’re below 11 percent … Continue reading

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CAR sends letters to nation’s top lenders, servicers, urging further short …

LOS ANGELES, CA – August 26, 2011 – (RealEstateRama) — Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, … Continue reading

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C.A.R. Sends Letters to Nation’s Top Lenders, Servicers, Urging Further Short …

LOS ANGELES–(BUSINESS WIRE)–Recognizing that short sales will be a part of the California real estate landscape for years to come and with more REALTORS® continuing to experience difficulty in closing short sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently sent … Continue reading

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CoreLogic Home Price Index shows eight consecutive decline

SANTA ANA, CA – CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its March Home Price Index (HPI) which shows that home prices in the U.S. declined for the eighth month in a row. … Continue reading

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