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Single-Family Home Construction Up Again in April, CBIA Announces
Homebuilders hope for a second round of the homebuyer tax credit. SACRAMENTO, CA - May 26, 2009 - (RealEstateRama) — Single-family home construction in California showed a significant increase in April when compared to March and was the largest monthly total since October of 2008, which the California Building Industry Association said provided more evidence that the homebuyer tax credit enacted in the beginning of March is helping to clear out inventory and generate new-home construction.
Existing Home Sales Up 41.6 Percent In July, Says California Desert Association of REALTORS
PALM DESERT, CA - May 20, 2009 - (RealEstateRama) — Corny Easter bunny jokes and the spirit of the season helped the California Desert Association of REALTORS® raise about $3,000 for its annual high school Scholarship Fund.
Entry-level housing affordability reached 69 percent
LOS ANGELES, CA - May 15, 2009 - (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California stood at 69 percent in the first quarter of 2009, compared with 46 percent (revised) for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).
Tax Credit Helps Boost New-Home Sales, CBIA Announces
SACRAMENTO, CA - May 12, 2009 - (RealEstateRama) — Thanks in part to the California new-home tax credit that went into effect in March, the pace of home sales at California new-home communities has begun to show signs of stabilizing, California Building Industry Association reported
March home sales increased 63.8 percent
C.A.R. reports March home sales increased 63.8 percent, median home price declined 39 percent. LOS ANGELES, CA - April 29, 2009 - (RealEstateRama) — Home sales increased 63.8 percent in March in California compared with the same period a year ago, while the median price of an existing home declined 39 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
February sales and price report
LOS ANGELES, CA - March 25, 2009 - (RealEstateRama) — Home sales increased 83 percent in February in California compared with the same period a year ago, while the median price of an existing home declined 40.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.“Home sales in California continue to be considerably stronger than the nationwide sales figures,” said C.A.R. President James Liptak.
U.S. FORECLOSURE INDEX: Foreclosures Surge in February to Reach Highest Monthly Level of the...
SACRAMENTO, CA - March 17, 2009 - (RealEstateRama) — Completed foreclosures in February reached the highest monthly total since the foreclosure crisis began, soaring by more than 67 percent over January’s reduced foreclosures, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider.
California New Home Market Continued at a Crawl in January, CBIA Announces
Association says recent sales spurred by homebuyer tax credits may cause January to be bottom of cycle
Despite Relative Strength In Selected Markets Costs Expected to Decrease Following Extensive Period of...
New York, N.Y - March 10, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, today announced that the First Quarter 2009 Turner Building Cost Index, which projects domestic commercial building construction costs, has decreased 5.77% from the Fourth Quarter 2008
State’s existing home sales increased 100.8 percent
LOS ANGELES, CA - February 27, 2009 - (RealEstateRama) — Home sales increased 100.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 40.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
Entry-level housing affordability increases to 59 percent
LOS ANGELES, CA - February 19, 2009 - (RealEstateRama) — The percentage of households that could afford to buy an entry-level home in California stood at 59 percent in the fourth quarter of 2008, compared with 33 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS
California New-Home Market Ends 2008 with a Whimper, CBIA Announces
SACRAMENTO, CA - February 18, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities continued to slow in December following deteriorating credit conditions in the closing months of 2008, the California Building Industry Association reported today. CBIA officials urged the Legislature to quickly enact stimulus legislation that the Association believes will help reverse the continued depression in the state’s homebuilding industry.
Foreclosures Slow Dramatically, Down More Than 25% in January; California Foreclosures At Lowest Level...
SACRAMENTO, CA - February 12, 2009 - (RealEstateRama) — Foreclosures across the United States plummeted by more than 25 percent in January, with many of the hardest-hit states seeing dramatic drops in the number of homes repossessed by lenders, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider
2008 Housing Production in California Was the Lowest on Record, CBIA Announces
SACRAMENTO, CA - January 30, 2009 - (RealEstateRama) — Total housing production in California in 2008 was at the lowest level on record, the California Building Industry Association announced today, prompting CBIA officials once again to urge state and federal lawmakers to act immediately to stimulate the housing sector and the economy
December sales and price report
C.A.R. reports sales increased 84.9 percent; median home price fell 41.5 percent in December
Frozen Credit Markets Keep California New Home Market Cold in November, CBIA Announces
SACRAMENTO, CA - January 16, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities remained glacially slow in November following the October credit freeze, the California Building Industry Association reported today
North Shore-Barrington AOR offers Real Estate Profit Navigator
LOS ANGELES, CA - January 09, 2009 - (RealEstateRama) — Real Estate Broker Owner Solutions (REBOS) today announced that the North Shore-Barrington Association of REALTORS® (NSBAR) will provide Real Estate Profit Navigator™ as a free member benefit to its broker members
November sales and price report
LOS ANGELES, CA - December 29, 2008 - (RealEstateRama) — Home sales increased 83.2 percent in November in California compared with the same period a year ago, while the median price of an existing home fell 41.8 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)
Housing Production Continues Decline in November, CBIA Announces
SACRAMENTO, CA - December 24, 2008 - (RealEstateRama) — Single-family housing production in California in November was the lowest month on record, prompting the California Building Industry Association to urgently call on state and federal lawmakers to act immediately to stimulate the housing sector and the economy. Specifically, homebuilders are proposing a tax credit for new-home buyers, which has proven in the past to be an effective means of reviving depressed housing markets and reinvigorating job-generating home construction.
October Credit Crisis Paralyzed California New-Home Market, CBIA Announces
CRAMENTO, CA - December 16, 2008 - (RealEstateRama) — The pace of home sales at California new-home communities was extraordinarily bad in October, primarily due to the global credit crisis, the California Building Industry Association reported today.
