Archives

LOS ANGELES, CA - March 25, 2013 - (RealEstateRama) -- Pending home sales in California rose in February from the previous month but were lower than year-ago levels. Meanwhile, equity sales rose to their highest level in nearly five years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - March 18, 2013 - (RealEstateRama) -- California’s median home price marked a full year of annual price gains, propelled by strong sales of higher-priced homes in February, while a lack of inventory constrained total home sales for the month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. Also, consistent with a rebenchmarking conducted by the NATIONAL ASSOCIATION OF REALTORS® (NAR) in December 2011, C.A.R. released today benchmark revisions to historic single-family existing-home sales. Rebenchmarking is an adjustment performed periodically on a series of data to ensure its continued accuracy.

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- An estimated 28,719 new and resale houses and condos sold statewide last month. That was down 0.5 percent from 28,871 in January, and down 3.1 percent from 29,630 sales in February 2012, according to San Diego-based DataQuick

La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Bay Area home sales eased back a notch while prices continued their upward off-bottom bounce last month, the result of a slow rebalancing act in a market environment of constrained supply and finicky mortgage lending, a real estate information service reported

La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Southern California logged the highest February home sales in six years last month amid relatively strong sales of mid- to high-end properties and a record share of homes sold to absentee buyers. The median sale price edged slightly lower from January but rose nearly 21 percent from a year earlier, marking the 11th straight month in which the median has risen year-over-year, a real estate information service reported.

WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- This week CHF|CIRB has released the December California Construction Review to subscribers. Overall, California has seen a 5% increase in housing permits from December 2011. Year-to-date permits have increased 22.46% from the same time frame in 2011, increasing from 47,336 permits issued between January and December 2011 to 57,970 total permits for the same time frame in 2012.

LOS ANGELES, CA - February 28, 2013 - (RealEstateRama) -- California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

San Francisco, CA - February 25, 2013 - (RealEstateRama) -- Zephyr Real Estate, San Francisco's largest independent real estate firm, achieved a sales volume of $1.5 billion in 2012, making it the City’s number one real estate brand. Zephyr has consistently been in the forefront in sales volume, technological innovation, and service to the community

LOS ANGELES, CA - February 25, 2013 - (RealEstateRama) -- Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

LOS ANGELES, CA - February 21, 2013 - (RealEstateRama) -- A typical seasonal slowdown, combined with a scarcity of available homes for sale put a damper on the California housing market in January, with both home sales and median price declining from December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported.

La Jolla, CA. - February 14, 2013 - (RealEstateRama) -- Turnaround trends continued apace in the Bay Area housing market last month with the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price, a real estate information service reported

La Jolla, CA - February 13, 2013 - (RealEstateRama) -- Southern California's housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained relatively brisk. The median price paid for a Southland home dipped slightly from December, as it normally does, but jumped 23.5 percent above the year-ago level, a real estate information service reported.

La Jolla, CA. - February 8, 2013 - (RealEstateRama) -- The number of California homes purchased with cash reached an all-time high last year, the result of high investor interest, a difficult mortgage environment, and perceived higher returns on investment, a real estate information service reported.

La Jolla, CA. - January 31, 2013 - (RealEstateRama) -- The number of Golden State homes sold for a million dollars or more rose to its highest level since 2007, fueled by a recovering economy, rising home prices and a record number of cash purchases. The number of homes sold for more than $5 million rose to an all-time high, a real estate information service reported.

La Jolla, CA - January 28, 2013 - (RealEstateRama) -- The number of California homeowners pushed into the foreclosure process fell last quarter to the lowest level in six years, the result of rising home values, an improving economy and a shift toward short sales, a real estate information service reported.

LOS ANGELES, CA - January 24, 2013 - (RealEstateRama) -- Seasonal factors, combined with low housing inventory, particularly a lack of real estate-owned homes (REOs), drove California pending home sales lower in December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. However, the share of distressed properties increased in December, as lenders pushed to close short sales and move them off their balance sheets.

Los Angeles, CA - January 10, 2012 - (RealEstateRama) -- Despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in the fourth quarter of 2012 (Q4 2012), according to the latest analysis from CBRE Group, In

LOS ANGELES, DC - January 02, 2012 - (RealEstateRama) -- Seasonal factors sent California pending home sales lower in November, while equity home sales continued their upward trend, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES, CA - December 18, 2012 - (RealEstateRama) -- As the statewide median price continued to register double-digit gains from year-ago levels, strong sales of higher-priced homes led to a year-over-year increase in sales in California during November, the CALIFORNIA ASSOCIATION OF REALTORS® reported today.

LOS ANGELES, CA - November 22, 2012 - (RealEstateRama) -- California pending home sales rose both from the previous month and year in October for the first time in seven months, while the share of equity sales grew slightly, marking a four-year high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.