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June pending and distressed home sales report

LOS ANGELES, CA - July 24, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to expand in June, comprising four of every five home sales, thanks primarily to a drop in distressed sales. Meanwhile, sales of REOs fell into the single-digits for the third straight month and registered levels not seen since September 2007, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

California Foreclosure Starts Up From First Quarter

WASHINGTON, D.C. - July 23, 2013 - (RealEstateRama) -- While up from the first quarter, the number of California homeowners entering the foreclosure process was at its second-lowest level in seven years last quarter, largely the result of a steep rise in home values, a real estate information service reported.

Home Prices Rise In June For Sixth Consecutive Month Says California Desert Association of...

PALM DESERT, CA - July 23, 2013 - (RealEstateRama) -- The average price of an existing home in the Coachella Valley rose $140,000 in June over June 2012 , the sixth consecutive home sales increase in this year, the California Desert Association of REALTORS® reported today.

California June Home Sales

WASHINGTON, D.C. - July 19, 2013 - (RealEstateRama) -- An estimated 41,027 new and resale houses and condos sold statewide last month. That was down 6.9 percent from a revised 44,087 in May, and down 3.5 percent from 42,513 sales in June 2012, according to San Diego-based DataQuick.

Mobile technology dominates home buying process, REALTOR® survey finds

LOS ANGELES, CA - July 18, 2013 - (RealEstateRama) -- Demonstrating the proliferation of mobile technology into nearly every facet of our lives, more than eight out of 10 home buyers are accessing home information on their smart phones and computer tablets, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2013 Survey of California Home Buyers.”

Equity home sales post higher in May; share of REO sales in single-digits for...

LOS ANGELES, CA - June 25, 2013 - (RealEstateRama) -- The share of equity home sales in California continued to grow in May, making up nearly four of every five home sales. Meanwhile, sales of REOs fell into the single-digits for the second straight month and registered levels not seen since October 2007, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Bolstered by strong sales in higher-priced regions, California median home price records largest...

LOS ANGELES, CA - June 18, 2013 - (RealEstateRama) -- Strong sales growth in higher-priced markets and continued housing supply shortage pushed up California’s median home price in May, resulting in the largest year-over-year price gain in at least the last 33 years, the CALIFORNIA ASSOCIATION OF REALTORS ® (C.A.R.) reported

Kennedy Wilson Announces Registered Exchange Offer for 8.750% Senior Notes Due 2019

BEVERLY HILLS, CA - May 29, 2013 - (RealEstateRama) -- Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of international real estate investment and services firm, Kennedy-Wilson Holdings, Inc. (NYSE: KW), today announced that the company has commenced a registered exchange offer for the $100 million aggregate principal amount of outstanding 8.750% Senior Notes due 2019 (the “Private Notes”) issued on December 6, 2012 in a private placement that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Distressed sales continue downward trend; underwater homes gaining equity, C.A.R. reports

LOS ANGELES, CA - May 22, 2013 - (RealEstateRama) -- Distressed home sales continued to decline in April, as previously underwater homes rose in value, and the share of REO sales registered in the single-digits for the first time in more than five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

California home sales and prices spring higher in April; median price posts five-year high

LOS ANGELES, CA - May 16, 2013 - (RealEstateRama) -- Fueled by high demand and tight inventory, California home sales and prices both experienced strong increases in April, with the median price surpassing the $400,000-mark for the first time in five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

California Home Sales, Median Price Up for April

WASHINGTON, D.C. - May 16, 2013 - (RealEstateRama) -- An estimated 39,051 new and resale houses and condos sold statewide last month. That was up 3.4 percent from 37,764 in March, and up 2.1 percent from 38,241 sales in April 2012, according to San Diego-based DataQuick

Highest Southland April Home Sales Since ’06; Median Price Nears 5-Yr High

WASHINGTON, D.C. - May 14, 2013 - (RealEstateRama) -- Southern California homes sold at the fastest pace for an April in seven years amid the release of pent-up demand for move-up homes and high levels of investor purchases. The median sale price rose to a 58-month high, reflecting both home price appreciation as well as the simultaneous plunge in foreclosure resales and surge in mid- to up-market buying, a real estate information service reported

Higher home prices lower California housing affordability, C.A.R. reports

LOS ANGELES, CA - May 13, 2013 - (RealEstateRama) -- Higher home prices put a dent in California’s housing affordability during the first quarter of 2013, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported

Miami Region March Home Sales

WASHINGTON, D.C. - May 6, 2013 - (RealEstateRama) -- Miami-area home sales rose above a year earlier for the 11th consecutive month in March amid sizeable gains in mid- to high-end activity and a record level of sales to investors and other absentee buyers. The median price paid for a home rose 14.1 percent from a year ago, marking the 15th month in a row with a year-over-year increase, a real estate information service reported.

Golden State Foreclosure Starts Lowest Since Late 2005

WASHINGTON, D.C. - April 23, 2013 - (RealEstateRama) -- The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default notices filed by lenders stems mainly from rising home values, a strengthening economy and government efforts to reduce foreclosures, a real estate information service reported

Equity sales hit five-year high; pending home sales post monthly gain as the housing...

LOS ANGELES, CA - April 22, 2013 - (RealEstateRama) -- The share of equity sales rose to their highest level in five years, while March California pending home sales climbed from the previous month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Number of Homes Sold, Median Price Up for March Calif. Homes

WASHINGTON, D.C. - April 19, 2013 - (RealEstateRama) -- An estimated 37,764 new and resale houses and condos sold statewide last month. That was up 31.5 percent from 28,719 in February, and up 0.8 percent from 37,481 sales in March 2012, according to San Diego-based DataQuick.

California’s median home price posts highest level in nearly five years as intense competition...

LOS ANGELES, CA - April 15, 2013 - (RealEstateRama) -- Strong sales in higher-cost coastal regions and heated market conditions drove California’s median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

Average Home Sales Dip 10 Percent in February, While Average Home Prices Continue to...

PALM DESERT, CA - March 29, 2013 - (RealEstateRama) -- Existing homes sales dipped 10 percent in February 2013 over February 2012 while the average sale price continues to rise, the California Desert Association of REALTORS® reported today.

Average Home Prices Jump 22 Percent in January, Distressed Property Sales Continue Dropping, Says...

PALM DESERT, CA - March 29, 2013 - (RealEstateRama) -- The average sales price of existing homes jumped 22 percent in January over January 2012 to begin 2013 on a upbeat note for the Coachella Valley's real estate market, the California Desert Association of REALTORS® reported today

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

Napolitano’s Statement on Trump Administration’s Attack on Clean Water

Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans