by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Housing starts shot higher by 9.3% in November, according to Commerce Department data, climbing to the highest level of the year. On a seasonally adjusted basis, starts increased to 685,000 from 627,000 for October, which was revised downward 1,000. November housing...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news
Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside Real Estate, San Diego Real Estate
Pending home sales soared more than 10% in October and remain above year-ago levels, in a hopeful sign for the nation’s housing market, according to the National Association of Realtors. NAR’s pending home sales index,a forward-looking indicator based on...
by countyproperties | Dec 3, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
New York City foreclosure filings dropped 32% in the third quarter over last year. Lenders filed 3,168 foreclosures on single-family and multifamily properties during the quarter, according to a study from New York University Furman Center for Real Estate and Urban...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The inventory of foreclosures held by private banks dropped for the fourth straight quarter to $50.4 billion worth of properties at Sept. 30, according to the Federal Deposit Insurance Corp.The REO level at the end of the third quarter is down 1.5% from $51.3 billion...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, San Diego Real Estate
Pending home sales in California rose in October and were up from the previous year for the sixth consecutive month. Additionally, distressed home sales rose in October from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
