Closed sales of existing single-family homes slipped again in February, marking the seventh straight month of declining activity. The California Association of Realtors ® (C.A.R.) stated that sales of existing homes during the month reached a seasonally adjusted yearly rate of 361,210 units. This ... » Learn More about Seventh Straight Month of Lower Home Sales in California
Home Prices Actually Undervalued Based on Incomes -CoreLogic.
In an article that emerged fairly recently in CoreLogic's blog, Popping the Housing Bubble Theory, CoreLogic's Chief Economist Dr. Mark Fleming presents a different take on current home prices and whether or not recent gains are sustainable. Current thinking maintains that a housing bubble may ... » Learn More about Home Prices Actually Undervalued Based on Incomes -CoreLogic.
February Gains Point to Seller Optimism
Realtor.com launched its February Monthly Housing Trend Report, which revealed an increase in listing prices and also an increase of housing inventory. The increase in both list price along with inventory points to a "strong early beginning to this spring's home buying season," the report said. On ... » Learn More about February Gains Point to Seller Optimism
Avoid Foreclosure – Several Potential Options to Evaluate
Is your house eating you up? If you find yourself struggling to make your house payments, or there are potential issues in completing a standard sales transaction, or getting a refinance because of your loan to value, there are many options for you to evaluate. Some options, may or may not be ... » Learn More about Avoid Foreclosure – Several Potential Options to Evaluate
California Housing Market at a Glance
The softening of the California real estate market continues. The elements that overheated the market, foreign and institutional buyers, and historically low interest rates, are being replaced by traditional buyers that are dealing with tighter loan underwriting from new Dodd Frank regulations, and ... » Learn More about California Housing Market at a Glance