Higher home prices reduce California housing affordability in second quarter 2012

LOS ANGELES, CA - August 10, 2012 - (RealEstateRama) -- Higher home prices offset record-low interest rates and lowered housing affordability in California in the second quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

C.A.R. reports California’s housing market continued to improve in June

LOS ANGELES, CA - July 17, 2012 - (RealEstateRama) -- California’s housing market continued to show signs of improvement in June, as home sales experienced solid gains annually and home prices reached their highest level since August 2010, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

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

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