ARCHIVED BLOG POSTS

2012 

The number of homes sold in the Las Vegas area last month was the highest for a January in five years thanks to robust sales below $200,000, and especially under $100,000. The median price paid sank to its lowest point since April 1994 as distressed property sales made up two-thirds of all resale...
02/29/2012
An estimated 28,111 new and resale houses and condos were sold statewide last month. That was down 25.5 percent from 37,734 in December, and up 1.5 percent from 27,706 for January 2011. A decline from December to January is normal for the season. On a year-over-year basis sales have increased the...
02/16/2012
La Jolla, CA.----Bay Area home sales rose last month to the highest level for the month of January in five years, boosted by lower prices, ultra-low mortgage rates, a modestly improved economy and a record level of investor purchases. The median price paid for a home fell year-over-year for the 1...
02/16/2012
Februry 15, 2012 La Jolla, CA---The Southland housing market started 2012 with slightly higher sales and slightly lower prices despite record-low mortgage interest rates. Home sales skewed toward the lower price ranges, which is normal for January, as many traditional buyers retreated and investo...
02/15/2012
January 24, 2012 La Jolla, CA.--The number of California homes going into foreclosure dropped in the fourth quarter of 2011 to the second-lowest level in more than four years, the result of evolving lender and mortgage servicer policies as well as shifting market conditions, a real estate informa...
02/02/2012
January 18, 2012 An estimated 37,734 new and resale houses and condos were sold statewide last month. That was up 15.5 percent from 32,669 in November, and up 4.2 percent from 36,215 for December 2010. California sales for the month of December have varied from a low of 25,585 in 2007 to a high o...
02/02/2012
January 18, 2012   La Jolla, CA.----The Bay Area’s housing market rounded out 2011 much the way it started it: with constricted and atypical sales activity, lots of bottom feeding, and a largely dormant mid- to move-up market. Sales were up slightly last month, while prices dropped, a real estate...
02/02/2012
January 17, 2012 La Jolla, CA---Southern California home sales surged last month from November – as they normally do – amid relatively strong activity under $300,000 and a record share of sales to “absentee” buyers, mainly investors. But with the purchase plans of many ordinary buyers and sellers...
02/02/2012
January 11, 2012 Miami-area homes sold at the fastest pace for a November in five years as lower prices and mortgage rates continued to drive robust demand from investors and vacation-home buyers - both foreign and domestic. The region's median sale price rose from October but fell short of the y...
02/02/2012
The number of homes that resold in the Phoenix area rose above a year earlier for the twelfth month in a row in November as activity increased across the price spectrum. A variety of median sale price measures trended higher month-to-month, and the region’s overall median sale price fell year-ove...
02/02/2012
Rainer
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