Feb 19 Santa Cruz Real Estate, Santa Cruz, Real Estate by member364276 | Comment (0)
A combination of rising rents and falling government aid for affordable housing has dealt a blow to California's lower-income residents, according to a new study. Nearly 1 million extremely-low-income California households lack affordable, habitable homes, a need most pronounced in Southern California, a report released Tuesday found.
The foreclosure crisis
Feb 05 Real Estate by member364276 | Comment (0)
Jan 14 Santa Cruz Real Estate, Real Estate, California Economics by member364276 | Comment (0)
Patience seems to have paid off for those who’ve postponed putting their homes on the market until this year, real estate analysts say. They stand to pocket the kind of profits not seen since the housing boom.
Prices surged more than 10% in many markets last year, bidding wars are once again common, and homes are routinely going for well over the asking
Jan 09 Westside Santa Cruz Real Estate, Santa Cruz Real Estate, Real Estate by member364276 | Comment (0)
Jan 03 Santa Cruz Real Estate by member364276 | Comment (0)
Home prices got off dead center as early as February, and climbed like the California Screamin’ roller coaster ride at Disney California Adventure Park. Unpredicted price escalation took hold for the rest of the year.
Foreclosure filings took a steep fall. The market rumbled toward recovery, despite pinched inventory and hairpin turns.
Thanks to the
Dec 27 Real Estate by member364276 | Comment (0)
Distressed California homeowners can breathe a sigh of relief.
Those who decide to short sale their home — or sell it for less than is owed to the lender — don’t have to pay state tax on the mortgage debt.
In January, Congress extended the federal Mortgage Forgiveness Debt Relief Act of 2007 giving thousands of homeowners a break on having to pay taxes on
Dec 17 Real Estate by member364276 | Comment (0)
Southern California home sales plunged in November, falling with a 10.4 percent thud across Riverside County and by the same percentage in the entire six-county region, the latest report from San Diego-based DataQuick said.
DataQuick president John Walsh called the performance “underwhelming.”
The month was far from flamboyant by DataQuick president John
Dec 11 Santa Cruz Real Estate, Real Estate by member364276 | Comment (0)
Dec 03 Real Estate, California Economics by member364276 | Comment (0)
CoreLogic a leading residential property information, analytics and services provider, today released its October CoreLogic Home Price Index (HPI(®)) report. On a month-over-month basis, including distressed sales, home prices increased by only 0.2 percent in October 2013 compared to September 2013*. Year over year, home prices nationwide, including
Nov 17 Santa Cruz Real Estate by member364276 | Comment (0)
Nov 14 Santa Cruz Real Estate, Santa Cruz by member364276 | Comment (0)
If the real estate recovery is a baseball game, we're in the fourth or fifth inning.
So what will the rest of the game look like?
Experts from the Urban Land Institute unveiled their view of how the rest of the recovery will play out in their Emerging Trends in Real Estate report, released this week at the land use and planning nonprofit's annual
Nov 07 Santa Cruz Real Estate, Real Estate by member364276 | Comment (0)
Christopher Thornberg, economist and founder of Beacon Economics:
"Fundamentals are improved. Corporations are making money. Income is rising at a better pace. Real estate is starting to turn the corner," he said. "The biggest problem we have are with our leaders in Washingotn, D.C., who seem disparate to upset the apple cart at some
Oct 21 member364276 | Comment (0)
Attached is my latest video "Your Local Real Estate Minute"-How to Save Thousands on Your Next Home Purchase...
Oct 11 Santa Cruz Real Estate, Real Estate by member364276 | Comment (0)
It's not breaking news that the California housing market is heating up, but now the California Association of Realtors is confirming it on the record, predicting that the trend will continue upward into 2014.
In its latest forecast, CAR predicts primary home buyers will make a comeback after a period of tough competition with investors for what has been a
Oct 04 Real Estate by member364276 | Comment (0)
<div class="separator" style="clear: both; text-align: center;"><a href="http://4.bp.blogspot.com/-PV2ICuS6IlQ/TdQBkF7YSOI/AAAAAAAAAFQ/4PzCyMhK7GY/s1600/Home+for+sale.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://4.bp.blogspot.com/-PV2ICuS6IlQ/TdQBkF7YSOI/AAAAAAAAAFQ/4PzCyMhK7GY/s320/Home+for+sale.jpg"
Sep 26 member364276 | Comment (0)
The technology-powered real estate brokerage, Redfin has issued its Fastest Markets Report for August which shows home-selling speeds fell for the fourth month in a row.
In August, 27.9 percent of homes went under contract in less than two weeks, down from 29 percent in July and 33.7 percent in April.
As Redfin's latest Bidding War Report shows, the
Sep 17 Westside Santa Cruz Real Estate by member364276 | Comment (0)
The sizzling Bay Area housing market cooled in August following one of the most dramatic run-ups in recent years, according to a report released Friday.
After months of increases, single-family home sales dropped 3.2 percent from a year ago, and were down 8.8 percent from July, according to real estate information service DataQuick. While the median
Sep 05 Real Estate by member364276 | Comment (0)
This list shows how single-family home prices changed from July 2012 to July 2013. These rankings are based on a repeat-sales index that tracks increases and decreases in sales prices and includes distressed sales.
1. Los Angeles-Long Beach-Glendale, CA +22.62%
The Southland housing market includes the cities of Los Angeles, Long Beach and Glendale,
Aug 30 Santa Cruz Real Estate, Real Estate by member364276 | Comment (0)
The Bay Area's housing market staged a breakthrough in July, reaching the highest level of sales for any month in nearly seven years, according to a report Thursday. The housing recovery has been bogged down by a lack of inventory. This month's report indicates that is no longer the case, as sellers respond to double-digit price increases.
Aug 22 Santa Cruz Real Estate, California Economics by member364276 | Comment (0)
The U.S. housing recovery continues to make gains. New home sales have