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C.A.R. reports sales increased 117.1 percent in October
LOS ANGELES, CA - December 11, 2008 - (RealEstateRama) — Home sales increased 117.1 percent in October in California compared with the same period a year ago, while the median price of an existing home fell 39.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Housing Affordability Increases Throughout California Amid Housing Downturn, CBIA Announces
SACRAMENTO, CA - November 18, 2008 - (RealEstateRama) — Housing affordability continued to increase during the third quarter throughout most of the state as a result of sharp price reductions fueled by waves of foreclosures, yet California is still home to five of the 10 least affordable markets in the nation, the California Building Industry Association said today
Foreclosure Activity Decreases 12 Percent in September According to RealtyTrac(R) U.S. Foreclosure Market Report
Third Quarter Activity Up 3 Percent From Q2 2008, Up 71 Percent From Q3 2007 New State Laws In California, Other States Impact Numbers
California New Home Market Close to the Bottom, CBIA Announces
While the pace of sales at California new-home communities continued to remain slow in March, year-over-year sales declines are steadily shrinking, adding to mounting evidence that the bottom of the current housing cycle is near, the California Building Industry Association reported today.
Existing Home Sales Up 41.6 Percent In July, Says California Desert Association of REALTORS
PALM DESERT, CA - September 9, 2008 - (RealEstateRama) — Coachella Valley existing home sales jumped significantly in July with a 41.6 percent increase over July 2007 sales, although the median price dropped homes declined 36.7 percent over July 2007, the California Desert Association of REALTORS® reported today.
C.A.R. July 2008 Sales and Price Report
LOS ANGELES, CA - September 1, 2008 - (RealEstateRama) —Home sales increased 43.4 percent in July in California compared with the same period a year ago, while the median price of an existing home fell 40.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
California Housing Production Continues Decline in July, CBIA Announces
SACRAMENTO, CA - August 26, 2008 - (RealEstateRama) — – Total new home production in California continued to decline across the board in July as declines were recorded for both single-family and multi-family new home production from month-to-month as well as year over year, further supporting the notion that California will produce the lowest number of new homes in recorded history, the California Building Industry Association reported today.
C.A.R. reports sales increased 17.5 percent; median home price fell 37.7 percent in June
LOS ANGELES, July 29, 2008 (RealEstateRama) – Home sales increased 17.5 percent in June in California compared with the same period a year ago, while the median price of an existing home fell 37.7 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
California New Home Market Close to the Bottom, CBIA Announces
SACRAMENTO – While the pace of sales at California new-home communities continued to remain slow in March, year-over-year sales declines are steadily shrinking, adding to mounting evidence that the bottom of the current housing cycle is near, the California Building Industry Association reported today.
C.A.R. reports sales decreased 24.5 percent, median home price fell 29 percent in March
LOS ANGELES (April 25) – Home sales decreased 24.5 percent in March in California compared with the same period a year ago, while the median price of an existing home fell 29 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
Total New-Home Starts Decline Again in February, CBIA Announces
March 26, 2008, SACRAMENTO — New-home starts in California continued to decline in February as homebuilders continued to grapple with problems in the housing and credit markets, the California Building Industry Association reported today.
C.A.R. reports sales decrease 28.5 percent, median home price falls 26.2 percent in February
LOS ANGELES (March 24) – Home sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
California New-Home Market Is Off to a Slow Start in 2008, CBIA Announces
March 17, 2008. SACRAMENTO – The pace of home sales at California new-home communities began 2008 with a sluggish pace, the California Building Industry Association reported today, prompting CBIA to reiterate its call for the state Legislature to quickly take action to assist homebuilding, one of the state’s leading industries.
C.A.R. reports sales decrease 29.8 percent, median home price falls 21.9 percent
LOS ANGELES (Feb. 25) – Home sales decreased 29.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 21.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today
Fraud Exceeds $4 Billion in 2007
DALLAS -- (Feb. 4, 2008) Mortgage fraud activity jumped past $4.0 billion last year -- with California and Ohio leading the way, according to the FraudBlogger Index published and maintained by
First American CoreLogic Releases November 2007 LoanPerformance House Price Index
SAN FRANCISCO, Jan. 24, 2008–First American CoreLogic, a member of The First American Corporation (NYSE:FAF) family of companies and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced the release of its November 2007 LoanPerformance Home Price Index (HPI).
Wachovia Wealth Management Expands Presence In Southern California
IRVINE, CA - January 16, 2008 - Wachovia Wealth Management today announced 20 new hires across Northern and Southern California, continuing to build a team to deliver the full range of wealth management services to high net worth individuals, their families and businesses. As part of the build-out, Wachovia is establishing Legal Specialty Group teams in San Francisco and Los Angeles to serve the unique financial needs of law firms and attorneys.
PMI Releases Winter 2008 Risk Index
WALNUT CREEK, Calif., Jan. 15 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. (NYSE: PMI), today released its Winter 2008 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan statistical areas (MSAs) according to the likelihood that home prices will be lower in two years.
California Coastal Communities, Inc. Delivers First Homes at Brightwater
IRVINE, Calif., Dec. 27 /PRNewswire-FirstCall/ -- California Coastal Communities, Inc. (Nasdaq: CALC) announced that it recently delivered the first nine homes at its 356-home Brightwater community. These nine homes generated cash proceeds of $11 million, or $1.2 million per home.
California Foreclosure Report Notes Big Lender Discounts In November
ForeclosureRadar today issued today its California Foreclosure Report which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. In addition to a review of foreclosure stats and county rankings, the California Foreclosure Report notes a significant rise in lender discounts at the foreclosure auctions. This is an important precedent not only for investors, but for Realtors working to get short sale and REO offers approved.