Tag Archives: Economy
California pending home sales rise in September
Source: C.A.R. California pending home sales improved from the previous month and year, however, overall market conditions appear to be slowing down and closed transactions plateauing, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
Read More ›California home sales register nominal annual increase in September
Source: C.A.R. California existing home sales ticked up in September on a year-over-year basis for the first time in seven months as a shortage of homes available for sale continues to hold back the market, the CALIFORNIA ASSOCIATION OF REALTORS®...
Read More ›California home sales expected to edge up slightly in 2017
Source: C.A.R. Following a dip in home sales in 2016, California’s housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity, according to the “2017 California...
Read More ›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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