California’s median home price up 21 percent in April from a year ago California’s median home price—the point at which half of homes sold for more and half for less—rose 21 percent in April compared with a year earlier, but sales of existing, single-family homes declined 8.1 percent, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ [...]
Posts under ‘charts’
October 2009 Real Estate report
This Month in Real Estate: Keller Williams Report on the housing market Is now a good time to buy? What trends are affecting the value of my home? What new economic policies will be shaping my real estate decisions in the coming months? Click on the following links VIDEO PDF
Foreclosures in Silicon Valley continue to climb
MercuryNews ” Foreclosures continued to climb in Silicon Valley last month, as banks again increased the pace at which they sold homes taken back from owners behind on their payments. There were 591 foreclosures in Santa Clara County in June, up 22 percent compared with May, ForeclosureRadar, a Discovery Bay company that tracks California foreclosure [...]
home values in Beverly Hills decreased 8.6% in the first quarter of 2009
According to the latest Zillow Real Estate Market Reports, home values in Beverly Hills decreased 8.6% in the first quarter of 2009, compared to the first quarter of 2008. Nationally, home values decreased 14.2% during this same period. ” First Quarter: January-March 2009 U.S. home values continued to slide for the ninth consecutive quarter, declining [...]
According to the WSJ, “Housing Analysts Predict the Bottom Is Near”
The bottom of the housing decline is near, predicted analysts and home builders attending the National Association of Home Builders’ semiannual Construction Forecast Conference last week.Mark Zandi, chief economist of Moody’s Economy.com, facetiously picked a date when home prices would stop falling: Dec. 15, 2009. Other observers weren’t so precise, but they did generally agree [...]
“Southern California home prices may be stabilizing”
LA Time Business Section:” Southern California home prices held steady for the third straight month in March, a sign that the housing slump may be near its bottom. The median sale price remained at $250,000 for the six-county region, which is less than half the median value of homes at the market’s peak in 2007. [...]
California Realty Facts
Calif. median home price – February 09: $247,590(Source: C.A.R.) Calif. highest median home price by C.A.R. region February 09: Santa Barbara So. Coast $715,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region February 09: High Desert $121,970(Source: C.A.R.) Calif. First-time Buyer Affordability Index – Fourth Quarter 08: 59 percent (Source: C.A.R.) Mortgage rates [...]
