Tag Archives: Mortgage Interest Rates

How California’s Real Estate Boom Could Revive the Home Theater Business …

The real estate market in Southern California today is booming in ways that make the mid-2000s look conservative. Houses are flying off the market at record prices – higher than 2007 – and in record time. In December of 2012, … Continue reading

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Home-building boom returning to Southern California

Attracted by a dozen new Huntington Beach homes touted as “starting in the low 1,200,000s,” about 15 hopefuls had camped out for days. They were waiting for a chance to get their names on a list to buy into the … Continue reading

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La Quinta Real Estate Big Winner At BNP Paribas Professional Tennis Tournament

La Quinta, CA Area Home The BNP Paribas Open always draws attention to our gorgeous real estate and incredible winter weather here in La Quinta and the surrounding desert communities. La Quinta, California (PRWEB) March 19, 2013 Brad Schmett, Broker … Continue reading

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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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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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California 2012 Million-Dollar Home Sales Highest in Five Years

La Jolla, CA. – January 31, 2013 – (RealEstateRama) — The number of Golden State homes sold for a million dollars or more rose to its highest level since 2007, fueled by a recovering economy, rising home prices and a … Continue reading

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High-end home sales hit record in California

California’s real estate market seemed to heal in 2012 after the ravages of the mortgage crisis, but upper-end homes did more than just return to pre-recession levels: The number of homes that sold for $5 million or more in California … 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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Number of low-price homes plummets in state

Competition for lower-priced homes in California is so hot that the number of cheaper homes available for sale has sunk more than 40% in the last year, pushing out many would-be buyers. Homes that sold for $313,200 or less were … Continue reading

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Regulator Claims New Rules Will Loosen Mortgage Lending

Ask any real estate agent, home builder or home buyer what is the biggest barrier to entry in today’s housing market, and the likely answer will be: tight credit. The lax lending of the latest housing crash is no more, … Continue reading

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