Monthly Archives: January 2014

HW: Where are home sales headed?

Posted on January 27, 2014 by David Mayes

From HOUSINGWIRE.com – Brena Swanson: Existing-home sales experienced a slight increase, growing 1% to a seasonally adjusted rate of 4.87 million in December from a downwardly revised 4.82 million in November, according to the National Association of Realtors latest housing report. Click … Continue reading →

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DQNews: California Foreclosure Starts Dip to Eight-Year Low

Posted on January 22, 2014 by David Mayes

From DataQuick News – Andrew LePage: La Jolla, CA.–The number of California homeowners pulled into the formal foreclosure process dropped to an eight-year low last quarter, the result of an improving economy, foreclosure prevention efforts and higher home prices, a real … Continue reading →

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C.A.R: The Future of California Real Estate

Posted on January 22, 2014 by David Mayes

From the California Association of Realtors: Esteemed authors, futurists, and social commentators joined CEO Joel Signer for the first Thought Leadership panel at the California Association of REALTORS’ annual EXPO. Panelists concluded that the future is not a given when … Continue reading →

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C.A.R.: December 2013 home price and sales report

Posted on January 22, 2014 by David Mayes

From the California Association of Realtors: LOS ANGELES (Jan. 17) – California home sales fell for the fifth straight month in December as the distressed market plays a dwindling role in the state’s housing market.  Sales for the year were … Continue reading →

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C.A.R. Seller Survey: home sellers excited about the market

Posted on January 22, 2014 by David Mayes

From the California Association of Realtors: LOS ANGELES (Jan. 16) – Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal financial … Continue reading →

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L A Times – 3 things to know about interest rates in 2014

Posted on January 13, 2014 by David Mayes

From The Los Angeles Times – Trey Garrison: Interest rates will go up. Or they will stay the same. One of those two things will definitely happen in 2014, economists say, and some lenders and investors may have trouble adjusting … Continue reading →

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L A Times – Record rebound in home equity gives owners new options

Posted on January 13, 2014 by David Mayes

From The Los Angeles Times – Kenneth R. Harney: WASHINGTON — The biggest story in American real estate in 2013 hasn’t gotten the attention it deserves, so let’s shout this out: Homeowners’ net equity holdings soared $2.2 trillion from the third … Continue reading →

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C A R – California pending home sales decline in November; share of equity sales grows

Posted on January 13, 2014 by David Mayes

From the CALIFORNIA ASSOCIATION OF REALTORS: LOS ANGELES (Dec. 23) – Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.  … Continue reading →

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L A Times – Stalling of tax overhaul bill is both good and bad for homeowners

Posted on January 13, 2014 by David Mayes

From The Los Angeles Times – Kenneth R. Harney: WASHINGTON — For one of the least productive congressional sessions in modern history, the final word about tax overhaul was entirely in character: Nothing’s happening. Click here for full article.

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L A Times: U.S. regulator asks consumers about home deal closing issues

Posted on January 13, 2014 by David Mayes

From the Los Angeles Times – Kenneth R. Harney: The federal government has a real estate question for consumers who have bought or refinanced homes that’s certain to generate more than an earful: Were there any problems when you went … Continue reading →

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