The media is dwelling on the existing "national" home sales increasing month over month by almost 5%, when California's sales slowed by .6% month over month, and almost 10% year over year. This is prime time during the year when most sales are coming together. The statewide inventory level stayed ... » Learn More about California Housing Market at a Glance
housing affordability
Rons Real Estate News & Financing Updates May 20 2014
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California Housing Market at a Glance
The California Real Estate Market has slowed from its overheated condition in 2013. In a nutshell: * Existing Home Sales - quantity DOWN year over year (Tighter credit due to new loan legislation, higher prices, fewer investors buying into the higher market, and fewer traditional buyers qualifying ... » Learn More about California Housing Market at a Glance
4 Types of Homes That Won’t Sell – At Least Not Yet
Low inventories continue to plague housing markets across the country, as buyers face limited options and more bidding wars. But with home prices rising, more sellers are starting to put their homes on the market. However, more than half of all existing homes are unlikely to be put up for sale ... » Learn More about 4 Types of Homes That Won’t Sell – At Least Not Yet
Increasing Prices Chip Away at Housing Affordability
Stable year-over-year price gains are starting to get a bite into housing affordability, especially in the West, per the National Association of REALTORS ®' latest quarterly review. The median single-family home price increased in 73 percent of the markets, or 119 out of 164 metro areas, in the ... » Learn More about Increasing Prices Chip Away at Housing Affordability