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Existing-home sales fall for third straight month
Written on 23 Mar, 2010 at 8:04 in Blog | viewed 42 views times and users have made 0 comments so far
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Sales of existing homes have thus fallen three consecutive months, a reversal after having risen steadily through the fall in response to a federal subsidy for first-time home buyers. The tax credit has been restored and expanded to repeat buyers,... (Continue reading)
San Diego County housing prices rebound in February
Written on 15 Mar, 2010 at 17:08 in News | viewed 41 views times and users have made 0 comments so far
San Diego County housing prices bounced back in February to reach a median $322,000 that was in the range of prices for much of last year, MDA DataQuick reported Monday. The median, the midpoint of all prices, was up... (Continue reading)
Affordability of housing dips in county
Written on 18 Feb, 2010 at 11:26 in Blog | viewed 69 views times and users have made 0 comments so far
San Diego County’s housing affordability has again dipped below the 50 percent level, the National Association of Home Builders said yesterday. The 48.1 score in the Housing Opportunity Index represents the percentage of homes sold in the fourth quarter that a... (Continue reading)
Property Values Fall Again
Written on 10 Feb, 2010 at 19:35 in Blog | viewed 63 views times and users have made 0 comments so far
U.S. home values declined another 5 percent in the fourth quarter, compared to the previous year. This was the 12th straight quarter of year-over-year declines, reported Zillow.com. More than 29 percent of homes sold in 2009 in the... (Continue reading)
Pending Home Sales Stabilize
Written on 2 Feb, 2010 at 14:40 in Blog | viewed 54 views times and users have made 0 comments so far
Pending home sales have leveled from a market swing driven by response to the home buyer tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in December, increased 1... (Continue reading)
December home sales down nearly 17 percent
Written on 25 Jan, 2010 at 8:51 in Blog | viewed 56 views times and users have made 0 comments so far
WASHINGTON — Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit. The report reflects a sharp drop... (Continue reading)
Nine Consecutive Gains for Pending Home Sales
Written on 2 Dec, 2009 at 9:46 in Blog | viewed 66 views times and users have made 0 comments so far
Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the NATIONAL ASSOCIATION OF REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on... (Continue reading)
Home prices climb for 2nd straight quarter
Written on 24 Nov, 2009 at 8:48 in Blog | viewed 69 views times and users have made 0 comments so far
NEW YORK (CNNMoney.com) — Home prices rose for the second consecutive quarter but remained nearly 9% lower than a year earlier, according to a housing market report issued Tuesday. Prices nationwide rose 3.1% in the three months ended Sept. 30, according... (Continue reading)
Mortgage Delinquencies Are Still Rising, More Foreclosures to Come in 2010
Written on 18 Nov, 2009 at 18:30 in Blog | viewed 70 views times and users have made 0 comments so far
Mortgage delinquencies rose for the 11th straight month, reaching 6.25 percent in the third quarter from 3.96 percent a year earlier and 5.81 percent in the second quarter, according to the credit management company TransUnion. “Until the housing market can consistently... (Continue reading)
Home sales contracts rise for 8th straight month
Written on 2 Nov, 2009 at 8:59 in Blog | viewed 59 views times and users have made 0 comments so far
Real estate rally attributed to first-time homebuyer tax credit that expires at the end of November. NEW YORK (CNNMoney.com) — The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real... (Continue reading)