Author Archives: Community Real Estate
Sales of million dollar homes swoon
Source: CNBC Sales of homes priced above $1 million fell 4 percent in July from a year ago, according to the National Association of REALTORS®. Activity is far more robust at the entry level and middle of the market, thanks to a drop in mortgage...
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Talking Points
Distressed sales, which include REO and short sales, accounted for 8.4 percent of total home sales nationally in May 2016, down 2.1 percentage points from May 2015 and down 1 percentage point from April 2016. Within the distressed category, REO...
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Five California cities rank in top 10 hottest markets for real...
Source: Realtor.com In a preliminary analysis by Realtor.com, five California cities are moving off the market two percent more quickly than this time last year, and prices are hitting new record highs. Vallejo, Calif., remains number on the list...
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This is the best time in history to invest in real...
Source: MarketWatch If you’re an investor, there’s never been a better time in history to get into real estate, according to a MarketWatch contributor. Prices continue to increase, with median home prices rising to new all-time highs in some...
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Facebook campus expansion includes affordable housing
Source: Inman News With Bay Area housing costs continuing to rise, Facebook announced plans to include affordable housing units on its new campus, even for residents not affiliated with the company. The company plans to construct 1,500 units on a...
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