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Monthly Archives: May 2014
CAR: April pending and distressed sales report
From the CALIFORNIA ASSOCIATION OF REALTORS: Share of equity home sales rises to highest level in more than six years as higher home prices buoy more underwater homes LOS ANGELES (May 22) – Recent home price gains have lifted more … Continue reading
Posted in OC Real Estate News
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CFAP: Can FHFA Save the Mortgage Market?
From the Center for American Progress – Sarah Edelman and Julia Gordon: Mel Watt, the new director of the Federal Housing Finance Agency, announced last week that the agency will take a more proactive approach toward healing the housing market. This decision … Continue reading
C.A.R. Reports First Quarter Housing Affordability Index
From the CALIFORNIA ASSOCIATION OF REALTORS: PITI, Minimum Annual Income Required to Purchase Median-Priced Home Rises More Than 50 percent in First Quarter, C.A.R. Reports All counties in California realized a double-digit year-over-year decline in affordability LOS ANGELES (May 13, … Continue reading
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C.A.R. : April sales and price report
From the CALIFORNIA ASSOCIATION OF REALTORS: California median home price reaches highest level since December 2007; home sales register largest monthly gain since January 2011 LOS ANGELES (May 15) –Showing true signs of improvement, California’s housing market continued to perform … Continue reading