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Home prices across area ending decline, data show
Written on 19 Oct, 2009 at 20:38 in News | viewed 96 views times and users have made 0 comments so far
San Diego County’s three-year slide in home prices is ending, neighborhood by neighborhood, according to a quarterly breakdown from MDA DataQuick. Eight out of 56 neighborhoods saw higher prices than a year ago, compared with only one or none in... (Continue reading)
Federal Index Shows Home Prices Rising
Written on 23 Sep, 2009 at 16:37 in News | viewed 108 views times and users have made 0 comments so far
U.S. home prices rose 0.3 percent in July compared to June, the Federal Housing Finance Agency said Tuesday. The index is 4.2 percent below what it was in 2008 and 10.5 percent off its peak in April 2007. The index... (Continue reading)
More Waiting in Store Before Prices Head Up
Written on 10 Sep, 2009 at 12:07 in News | viewed 109 views times and users have made 0 comments so far
Real estate forecasting service Local Market Monitor, which predicts housing market trends for investors and banks, forecasts that housing prices will decline an average of 5 percent through 2010. This prediction includes double-digit decreases in Phoenix, Miami, and Las Vegas.... (Continue reading)
Real Estate Hit Bottom?
Written on 3 Sep, 2009 at 9:59 in San Diego Real Estate | viewed 115 views times and users have made 0 comments so far
As a real estate specialist we become knowledgeable of the housing trends. Many economist have preached that we have reached the bottom of the housing market. I think we’re going to see another surge of foreclosure in 2010 due to... (Continue reading)
Pending Home Sales on a Roll
Written on 3 Sep, 2009 at 9:46 in San Diego Real Estate | viewed 115 views times and users have made 0 comments so far
Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®. The Pending Home Sales Index,1 a... (Continue reading)
New Home Sales Surge 9.6% in July
Written on 26 Aug, 2009 at 19:19 in News | viewed 93 views times and users have made 0 comments so far
New U.S. home sales surged 9.6 percent in July, rising for the fourth straight month and beating expectations as the housing market shows continuing signs of rebounding from its historic downturn. The Commerce Department said Wednesday that sales rose to... (Continue reading)
U.S. home prices rise for a second straight month
Written on 25 Aug, 2009 at 7:37 in San Diego Real Estate | viewed 105 views times and users have made 0 comments so far
NEW YORK (Reuters) – Prices of U.S. single-family homes rose for the second consecutive month in June, exceeding expectations and adding to evidence that the three-year housing slump is easing, Standard & Poor’s reported on Tuesday. The S&P/Case-Shiller composite indexes... (Continue reading)
Existing-Home Sales Rise 7.2%
Written on 21 Aug, 2009 at 7:42 in News | viewed 91 views times and users have made 0 comments so far
WASHINGTON — Existing-home sales rose to their highest level in nearly two years from June to July as cheaper prices and the availability of tax credits continued to entice buyers. Home resales rose more than expected, bouncing 7.2% — the... (Continue reading)
Buyers Rush to Beat Tax Credit Deadline
Written on 17 Aug, 2009 at 18:59 in Blog, News | viewed 77 views times and users have made 0 comments so far
Real estate professionals report that first-time home buyers are flooding the sale market, pressed to finalize a deal before the federal government’s $8,000 tax credit offer expires on Nov. 30. Because mortgage approvals, residential inspections, and other steps in the... (Continue reading)
Home prices drop, but at a slower rate
Written on 30 Jun, 2009 at 7:28 in News | viewed 73 views times and users have made 0 comments so far
S&P/Case-Shiller index down 18.1% year over year, but monthly drop narrows to 0.6% in April. By Les Christie, CNNMoney.com Last Updated: June 30, 2009: 9:44 AM ET NEW YORK (CNNMoney.com) — Home prices continued to tumble in April, falling 18.1%... (Continue reading)