by countyproperties | Mar 9, 2007 | Real Estate news
The median price of an existing single-family home in California increased 5.7 percent in February and sales decreased 9.6 percent compared with the same period a year ago, C.A.R. recently reported. “Sales in February were at their highest level in eight months,...
by countyproperties | Mar 2, 2007 | Real Estate news
The median price paid for a Southern California home was $485,000 last month, down 1.0 percent from a revised $490,000 for December, and up 5.0 percent from a revised $462,000 for January last year. The overall median always declines from December to January because...
by countyproperties | Feb 5, 2007 | Real Estate news
By Noelle Knox, USA TODAY Renters be warned: Landlords are expected to raise apartment rents for a third-straight year in 2007, forcing tenants to turn over a growing chunk of their pay and making it harder to save for a home, a report to be issued today by Marcus...
by countyproperties | Feb 1, 2007 | Latest News
The U.S. Dept. of Housing and Urban Development (HUD) today released a report evaluating the scope of homelessness in America. The first report of its kind in more than 20 years, HUD’s “Annual Homeless Assessment Report to Congress” estimates than...
by countyproperties | Feb 1, 2007 | Real Estate news
The latest pending home sales data tracked by NAR indicate a steady pace of home sales in the coming months, according to a recent report. In December, the Pending Home Sales Index (PHSI), which gauges home sales activity for upcoming months based on the number of...
by countyproperties | Feb 1, 2007 | Finance
American consumers continued to indicate a higher level of confidence in the nation’s economy this month, due in part to a more favorable job market, The Conference Board recently reported. The organization’s Consumer Confidence Index increased for the...
by countyproperties | Jan 27, 2007 | Real Estate news
. real-estate market goes up except in West New home sales rebounding U.S. real-estate market goes up except in West By Courtney SchlissermanBLOOMBERG NEWS January 27, 2007 New home sales in the United States rose a higher-than-expected 4.8 percent in December,...
by countyproperties | Jan 26, 2007 | Finance
The Market Composite Index, a measure of mortgage loan application volume, increased 1.5 percent to 639.8 on a seasonally adjusted basis for the week ending Feb. 9 compared with 630.1 one week earlier, according to a report released today by the Mortgage Bankers...
by countyproperties | Jan 11, 2007 | Real Estate news
Experts project recovery after hitting first-half ‘trough’NEW YORK — The national housing market may not have reached bottom yet, but the second half of the year will likely begin the recovery from a slight downturn that followed a prolonged boom in...
by countyproperties | Dec 29, 2006 | Real Estate news
New home sales climb 3.4% National numbers are up for 3 of the 4 past monthsASSOCIATED PRESS By Martin Crutsinger WASHINGTON – Sales of new homes bounced back in November and have now posted increases in three of the past four months, a hopeful sign...
by countyproperties | Dec 5, 2006 | Latest News
Real estate normally appreciates one to two percentage points above inflation, but between 2001 and 2005, real estate increased 50 percent, an abnormally high return that benefited homeowners and sellers across the nation. Then in 2006, prices and sales began to...
by countyproperties | Dec 1, 2006 | Real Estate news
Existing-home sales are expected to rise gradually in 2007 from current levels with annual totals comparable to 2006, while new-home sales will continue to slide, according to the latest forecast by the National Association of Realtors®. David Lereah,...
by countyproperties | Nov 14, 2006 | Real Estate news
The San Diego Union-Tribune Home sellers’ profits still big For all the concern about declining prices, recent San Diego County home sellers are still making huge profits, nearly doubling their investment in little more than five...
by countyproperties | Nov 10, 2006 | Finance
FED HOLDS FEDERAL FUNDS RATE AT 5.25 PERCENTThe Federal Reserve’s Open Market Committee last week decided to maintain the target for the federal funds rate at 5.25 percent. This is the third consecutive month the committee opted not to raise the target rate,...
by countyproperties | Nov 1, 2006 | Real Estate news
Home sales are expected to hold fairly steady in the months ahead, according to the latest reading on pending home sales published by the National Association of Realtors®.
by countyproperties | Oct 22, 2006 | Real Estate news
Rents rise in sluggish home-buying market Rents rise in sluggish home-buying market $1,241 average reflects biggest climb in 4 years By Emmet PierceUNION-TRIBUNE STAFF WRITER September 22, 2006 The ongoing slump in San Diego County home sales appears to be...
by countyproperties | Oct 20, 2006 | Real Estate news
The Fed’s central bankers meet Oct. 24-25 to decide what to do with interest rates. Odds are good they will leave them alone due to low inflation and moderate strength in the economy. The stock market is on a high due to strong earnings reports. Bonds are up,...
by countyproperties | Oct 16, 2006 | Latest News
By THOR KAMBAN BIBERMAN, The Daily Transcript Monday, October 16, 2006 Two reports say foreclosures are soaring in San Diego County. The County Assessor’s office reports the notices of default have climbed by 87 percent through the first...
by countyproperties | Oct 6, 2006 | Latest News
The housing market will continue to stabilize in the months ahead, according to NAR’s most recent Pending Homes Sales Index (PHSI). In August, the PHSI stood at 110.1, up 4.3 percent from the previous month and down 14.1 percent from August 2005. The...
by countyproperties | Oct 6, 2006 | Real Estate news
Video: watch video Link to transcript channel 8 news interview Aired Monday October 2, 2006 11PM evening channel 8 news Channel 8 News KFMB STATION SAN DIEGO, CA . How many people got in with 0 percent down and have subsequently been refinanced? It’s scary, he...
