News
Marketing & Statistics

California New-Home Market Begins 2010 Still in the Red, CBIA Announces

SACRAMENTO, CA - March 17, 2010 - (RealEstateRama) — The pace of home sales at California new-home communities in January continued at moderately lower levels when compared to the same period a year ago, the California Building Industry Association reported today.

C.A.R. releases “2009-2010 Survey of California Home Sellers”

LOS ANGELES, CA - February 26, 2010 - (RealEstateRama) — Changes in family and employment status as well as adjustments to monthly mortgage obligations played significant roles in California’s homeowners’ decisions to sell their homes in 2009, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009-2010 Survey of California Home Sellers.” According to the report, 67 percent of all sellers in California did so as a result of difficulties related to meeting their mortgage obligation.

C.A.R. reports January median price increased 15 percent; home sales decreased 10.6 percent

LOS ANGELES, CA - February 24, 2010 - (RealEstateRama) — Home sales decreased 10.6 percent in January in California compared with the same period a year ago, while the median price of an existing home rose 15 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

California New-Home Market Ends 2009 in Lackluster Condition, CBIA Announces

SACRAMENTO, CA - February 16, 2010 - (RealEstateRama) — The pace of home sales at California new-home communities was moderately lower than levels seen a year ago, the California Building Industry Association reported today.

C.A.R. reports entry-level housing affordability remained at 64 percent in the fourth quarter of 2009

LOS ANGELES, CA - February 15, 2010 - (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California remained at 64 percent in the fourth quarter of 2009, compared with 61 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

It’s Official: California Housing Production Reached New Low in 2009

SACRAMENTO, CA - January 26, 2010 - (RealEstateRama) — California homebuilders put up the lowest number of homes for a single year in 2009, beating the previous low that was set in 2008, the California Building Industry Association announced today.

Orange County Association of REALTORS renews Clarus MarketMetrics and Clarus Investor as member benefits

LOS ANGELES, CA - January 5, 2010 - (RealEstateRama) — Real Estate Business Services Inc. (REBS) today announced that the Orange County Association of REALTORS (OCAR) has signed an agreement to provide both Clarus MarketMetrics and Clarus Investor as free member benefits for an additional 12 months. Clarus MarketMetrics and Clarus Investor®, together, retail for $480 for an annual subscription.

Housing Production Posts Decrease in November, CBIA Announces

SACRAMENTO, CA - December 24, 2009 - (RealEstateRama) — Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year, the California Building Industry Association announced today.

C.A.R. reports November home sales increased 4.7 percent; median home price increased 5.8 percent

LOS ANGELES, CA - December 23, 2009 - (RealEstateRama) — Home sales increased 4.7 percent in November in California compared with the same period a year ago, while the median price of an existing home rose 5.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Entry-level housing affordability reaches 64 percent

C.A.R. reports entry-level housing affordability reached 64 percent in the third quarter of 2009. LOS ANGELES, CA - November 13, 2009 - (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the third quarter of 2009, compared with 55 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

C.A.R. survey on impact of federal tax credit

Nearly 40 percent of first-time home buyers report federal tax credit played critical role in decision to purchase a home. LOS ANGELES, CA - September 21, 2009 - (RealEstateRama) — Nearly 40 percent of first-time home buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 First-time Home Buyers Tax Credit Survey.” Understanding the significance of the federal tax credit to the housing market’s recovery, C.A.R. surveyed 200 California first-time home buyers to gauge the impact it had on their purchase decisions

July sales and price report

C.A.R. reports July home sales increased 12 percent, median home price declined 19.6 percent. LOS ANGELES, CA - August 25, 2009 - (RealEstateRama) — Home sales increased 12 percent in July in California compared with the same period a year ago, while the median price of an existing home declined 19.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

California Housing Affordability Inches Downward, CBIA Announces

SACRAMENTO, CA - August 19, 2009 - (RealEstateRama) — Housing affordability inched downward throughout the state during the second quarter of 2009 as a result of incremental price increases and increased demand sparked by the state new-homebuyer tax credit, the California Building Industry Association said today.

Entry-level housing affordability reached 67 percent in Q2 09

C.A.R. reports entry-level housing affordability reached 67 percent in the second quarter of 2009

LOS ANGELES, CA - August 17, 2009 - (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California stood at 67 percent in the second quarter of 2009, compared with 49 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

C.A.R. June sales and price report

C.A.R. reports June home sales increased 20.1 percent, median home price declined 26.4 percent. LOS ANGELES, CA - July 27, 2009 - (RealEstateRama) — Home sales increased 20.1 percent in June in California compared with the same period a year ago, while the median price of an existing home declined 26.4 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.