Shadow inventory shrinks along with the rest of the housing

by countyproperties | Jun 16, 2012 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Real Estate

The number of properties pending foreclosure or REO, but not yet on the market to sell, is down year-over-year in April. The shadow inventory supply now stands at 1.5 million units, representing a four-month supply, according to . The shadow inventory fell nearly 15%...

Are we missing the boat as International Sales Continue to Climb in U.S. Market

by countyproperties | Jun 16, 2012 | Latest News, Real Estate news, San Diego Investment Properties, San Diego Real Estate

Consumer data show that Americans are taking a “wait and see” approach to buying or selling a home, according to Fannie Mae’s May 2012 National Housing Survey. “This is not surprising given their assessment that their income during the past...

Foreign buyers is busting the open the doors to U.S. real estate

by countyproperties | Jun 16, 2012 | Real Estate news, San Diego Investment Properties, San Diego Real Estate

It’s a trend that has survived for more than a year: As Americans remain skiddish on housing, foreign buyers are filling the void in some areas. The Wall Street Journal reported Tuesday that Asians, Canadians, Europeans and Latin Americans made up $82.5 billion,...

Existing-home sales and prices rise, leading current housing recovery

by countyproperties | May 26, 2012 | Current Affairs, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate

Existing-home sales rose in April, and home prices continued to rise, according to the National Association of Realtors. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 3.4% to a...

More Americans Expressing Confidence in Economy and Home Values

by countyproperties | May 18, 2012 | Latest News, Real Estate news, San Diego Real Estate

Both the expectation for home prices and the percentage of those who think the U.S. economy is on the right path reached record highs in Fannie Mae’s April 2012 National Housing Survey. Americans continue to expect home prices to go up, with the projection...

Shrinking inventory boosts home prices

by countyproperties | May 18, 2012 | Latest News, Real Estate news, San Diego Real Estate

First month-over-month increase since last summer -price index maintained by data aggregator CoreLogic showed prices edging up from February to March — the first month-over-month increase since last summer. The CoreLogic Home Price Index showed home prices,...