Tag Archives: Low Mortgage

Bay Area Home Sales Ease Amid Tight Supply; Median Price Up Again from 2012

La Jolla, CA – March 14, 2013 – (RealEstateRama) — Bay Area home sales eased back a notch while prices continued their upward off-bottom bounce last month, the result of a slow rebalancing act in a market environment of constrained … Continue reading

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REAL ESTATE: Home prices rise 18 percent; sales decline – Press

Southern California’s real estate market had its strongest February in six years, as a record share of homes sold to absentee buyers and the move-up market gained momentum. There were 15,945 sales of new and resale houses and condos across … Continue reading

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Foreclosures Fall Due to New Laws

Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading

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Record Number of California Homes Bought with Cash

La Jolla, CA. – February 8, 2013 – (RealEstateRama) — The number of California homes purchased with cash reached an all-time high last year, the result of high investor interest, a difficult mortgage environment, and perceived higher returns on investment, … Continue reading

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

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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Rentals Chip Away at Home Builder Gains

“Single family starts did ‘improve’ suddenly early in 2012 on the Twist gap down in mortgage rates, but it quit ‘improving’ several months ago. Once 2013 data start to come in, the segment could quickly go from year-over-year positive to … Continue reading

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[Real Estate] Median Home Sales Rise in So Cal And Locally

Southern California home sales rose sharply in October as buyers joined investors, shifting the mix of homes selling up a notch as foreclosure resales hit a five-year low, according to DataQuick, a real estate research firm out of La Jolla, … Continue reading

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Southern California home prices, sales show gains over a year ago

Southern California’s housing market continued to gain traction last month as the region’s median home price rose by more than 16 percent, home sales grew by 25 percent and foreclosure resales hit a five-year low. Though the region’s median home … Continue reading

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[Real Estate] Local Real Estate Bucking So. Cal. Rising Price Trend

The median price for a Southern California home rose again in September to a more-than-four-year high, the result of affordability-driven demand meeting a modest supply of homes for sale, and a change in market mix, according to DataQuick, a real … Continue reading

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Median home price in Southland climbs as supply is squeezed

Southern California’s median home price climbed in September to a high not seen in more than four years as sales declined and foreclosure deals plummeted, the latest sign that the housing business is becoming increasingly competitive. Foreclosed homes made up … Continue reading

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