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Bay Area Single-Family Home Prices Increase 5.5% in April
San Francisco, CA - May 13, 2010 - (RealEstateRama) -- Redfin today released new data on the San Francisco Bay Area market showing that the median price of a Bay Area single-family home increased 5.5% from March to April. In Marin County, prices for single-family homes jumped 10% in one month, aided by lower interest rates for jumbo loans. Santa Clara County house prices increased 7% month over month and 33% year over year, driven by a shrinking supply of bank-owned properties. House prices in Alameda, San Francisco and San Mateo counties grew by between 1% and 2% month over month
C.A.R. reports March median price increased 20.8 percent; home sales increased 2.5 percent
LOS ANGELES, CA - April 23, 2010 - (RealEstateRama) -- Home sales increased 2.5 percent in March in California compared with the same period a year ago, while the median price of an existing home rose 20.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
California New-Home Market Stumbles Through February, CBIA Announces
SACRAMENTO, CA - April 15, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities was once again notably lower than levels seen a year ago, the California Building Industry Association reported today
Homebuilders Applaud Passage of Homebuyer Tax Credit
SACRAMENTO, CA - March 26, 2010 - (RealEstateRama) -- California homebuilders said the $10,000 tax credit for purchasers of new homes and for first-time purchasers of existing homes will help jump-start the homebuilding industry, create jobs and provide a much-needed boost to the state’s economy
Total Housing Starts Rise Again in February, CBIA Announces
SACRAMENTO, CA - March 24, 2010 - (RealEstateRama) -- Total housing starts in California continued to rise in February, but a downturn in single-family permits signaled that a housing recovery has yet to materialize and prompted industry officials to applaud lawmakers for quickly passing a new homebuyer tax credit program, the California Building Industry Association announced today
February sales and price report
LOS ANGELES, CA - March 23, 2010 - (RealEstateRama) -- Home sales decreased 11.7 percent in February in California compared with the same period a year ago, while the median price of an existing home rose 14.1 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
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...
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
California Housing Starts Continue Decline in October, CBIA Announces
SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Construction of new homes in California continued to decline in October, prompting California homebuilders to call on state lawmakers to reexamine the benefits of the state new-home buyer tax credit enacted earlier this year in hopes of getting similar legislation passed to stimulate the housing sector and the economy, the California Building Industry Association announced today.
California Housing Affordability Continues to Decrease, CBIA Announces
California still home to half of the top 20 least affordable markets. SACRAMENTO, CA - November 24, 2009 - (RealEstateRama) -- Housing affordability continued to creep downward throughout the state during the third quarter of 2009 as a result of incremental price increases due to increased demand for homes, the California Building Industry Association said today
California New-Home Sales Down Again in September, CBIA Announces
SACRAMENTO, CA - November 13, 2009 - (RealEstateRama) -- New-home sales in California continued to remain below levels seen a year ago, but the year-over-year declines have continued to shrink, the California Building Industry Association 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.).
September sales and price report
LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today