Tag Archives: Real Estate
Dying malls could help ease housing crisis
Source: Los Angeles Times As housing shortages persist, developers are eyeing old shopping malls—which often include large parcels of land—for redevelopment into residential projects. In California, which is suffering from severely tight...
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Economist warns that buyers face increasing troubles
Source: CNBC From a broad view, the U.S. housing market looks very healthy. Demand is high, employment and wages are growing, and mortgage rates are low. But the nation's housing market is assuredly unhealthy; in fact, it is increasingly...
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Why housing legislation won’t bring down costs anytime soon
Source: Sacramento Bee California lawmakers this year took historic action to address what one housing economist says is the state’s most serious problem: unaffordability.Democrats in the Legislature – and one Republican – have advanced...
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August home sales tally best since 2005
Source: Orange County Register Low interest rates and a strong economy continued to drive Orange County homebuying to a 12-year high in August, despite a severe shortage of homes to buy, particularly at the lower price ranges, housing numbers...
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Fall may be the best time for buyers to move
Source: Realtor.com A slower fall season in home buying may help more lingering home buyers to jump in. Prices are easing somewhat. For the second month in a row, the median price of an existing home dropped. It reached $253,500 in August, after...
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