Bay Area Real Estate Market Approaches Return To Normalcy Author: DQNews
Although trends in the Bay Area real estate market remain mixed, early signs of recovery emerged in October, when the nine-county region posted its first year-over-year gain in median home prices since 2007.
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California Home Sales: Ratio Of Foreclosure Sales Shrinking Author: DQNews
October home sales in California were up slightly from September, but remained down from the same period last year.
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Builder Confidence Up Due To Housing Stimulus Extension Author: Austin Kilgore
Builder confidence is on the upswing, thanks in large part to the extension and expansion of the federal homebuyer tax credit. First-time buyers have accounted for around half of new construction sales.
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US Commercial Real Estate Losses To Take A Toll On Economy Author: Property Wire
Commercial real estate investments in the US are likely to see stiff losses in the months ahead, as the lingering effects of the economic downturn come to fruition. This will deal a particularly heavy blow to the life insurance industry.
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New Home Starts Continue To Decline In October Author: Austin Kilgore
Single family housing completions rose in October, compared with September 2009.
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Home Sales Expected To Increase In 2010 Author: Housing Predictor
While rock-bottom interest rates, federal homebuyer incentives and mortgage assistance should help drive up home sales in 2010, staggering unemployment continues to handicap real estate recovery.
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Southern California Home Prices Improve In October Author: DQNews
Despite a small decrease in the median home price, Southern California real estate sales rose in October. This rise can be attributed to the increases in short sales, and first time buyers taking advantage of the federal tax credit program.
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San Diego Home Prices Up 14 Pecent Since March Author: Austin Kilgore
Last month, San Diego's average home sales and prices decreased from the prior year, yet, overall home prices increased slightly from September 2009, and have gone up 14% since March.
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Short Sales Rising In Popularity For Troubled Homeowners Author: Diana Golobay
Foreclosure prevention measures have driven up the volume of short sales.
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Investors Wary Of Troubled Florida Real Estate Market Author: Property Wire
While the nation emerges from recession, wary investors are reluctant to take the plunge in the troubled waters of Florida real estate, where sky-rocketing unemployment and foreclosures are still a major problem.
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