Tag Archives: Inventories

US Pending Home Sales Tick Upward in March

Posted on April 29, 2013 by sheri

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Housing’s Spring Bloom ‘Stuck’ Due to Short Supply

Posted on April 22, 2013 by sheri

“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Inventories are turning the corner in runaway California markets

Posted on April 2, 2013 by sheri

Seldom has American real estate seen such a surge of price increases as those experienced by Northern California markets over the past six month. Median prices through March 25 are 56.8 percent above those of a year ago in Sacramento, … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Housing Recovery Leaves Some Behind

Posted on March 7, 2013 by sheri

To add to the delays, now some non-judicial states are seeing a big jump in backlogs due to new state laws that while attempting to safeguard borrowers, are delaying the foreclosure process in general. Nevada instituted a new law criminalizing … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Home Buyers Are Back, but Where Are the Houses?

Posted on March 1, 2013 by sheri

“Some listings are vanishing from a strategic decision of waiting for an even a higher price later. Some are due to few newly built homes available to trade-up to, hence some current existing home owners are unwilling to list. Some … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

California billionaire bets on rentals with Wake home-buying spree

Posted on February 24, 2013 by sheri

Daniel Creswell’s house in northeast Raleigh sat on the market for nine months until late last month, when a deep-pocketed buyer arrived seemingly from another era. Creswell had bought the property back in April at a foreclosure auction for $162,500. … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Real Estate Recovery, in Your Neighborhood

Posted on February 19, 2013 by sheri

Now, as we enter the first stages of real recovery, it is more important than ever, for home owners, buyers and investors, to hone in on local markets to see what is and what is not putting housing back on … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

How Rising Home Prices May Actually Stall the Recovery

Posted on December 1, 2012 by sheri

Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

California home prices rise 19 percent in October

Posted on November 22, 2012 by sheri

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 →

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment