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Three California housing issues to watch in 2018

  Source: The Los Angeles Times Rising rents and home prices forced California’s housing crisis to the front of Gov. Jerry Brown’s and lawmakers’ agenda in 2017. Legislators passed the most comprehensive package of housing bills in recent memory designed to increase spending on low-income development and encourage more construction in general. But the bills, […]

Home Sales Off to a Bumpy Start in 2015

Existing-home sales dropped in January to the lowest rate in nine months, according to the National Association of REALTORS®’ latest housing report. All regions across the country saw declines in sales in January, with the Northeast and West posting the largest losses. Still, the pace of sales was higher than a year ago – at […]

The Best Seasons to Sell a Home

    Spring is traditionally considered the best season to list a home, but it doesn’t inch out the other seasons by much, according to a new analysis by the real estate brokerage Redfin. Check out our last report from Redfin’s seasonality study Redfin’s research team analyzed 7 million homes listed from 2010 through 2014 to gauge […]

Almost Half of States Near Home Appreciation Peaks

Home prices are continuing to rise heading into the summer months, according to CoreLogic’s latest Home Price Index, which shows nationwide home prices, including distressed sales, rising 10.5 percent in April compared to year-ago levels. “The purchase market continues to suffer from a dearth of inventory, which we expect will continue to drive prices up […]

I Sold My Home, Now I Have Nowhere to Go

Photo Courtesy of http://luxeestatescollection.com/time-laugh/ More home owners say now is a good time to sell, surveys show, but low inventories have them worried about what their next move would be. With fewer homes on the market and quickly rising home prices, sellers are becoming less confident that they will be able to trade up at an […]

Better Days Ahead in Housing, Freddie Says

The housing market is stronger today than at any point since the Great Recession and has made progress in several key areas after hitting bottom in 2009, Freddie Mac reports in a blog post looking at the state of the housing market heading into spring. Home sales are up 13 percent since their low point, […]

Home Prices to Increase Next 12 Months

March 25, 2014 REALTORS® expect home prices to continue to rise over the next 12 months. But they expect them to do so at a moderate pace, given tight credit conditions and the chipping away of home affordability, according to the latest REALTORS® Confidence Index, a monthly survey distributed to more than 50,000 real estate practitioners to […]

4 Keys to Real Estate Recovery

In order to have a fully recovered housing market and economic recovery, economists point to the need for four positive indicators: 1. A healthy job market with low stable unemployment; 2. Mortgage delinquencies that have returned to historical averages; 3. Home prices consistent with an affordable mortgage payment–to–income ratio; and 4. Home sales that are […]

More Than 3 Million Regained Equity in 2013

Home prices rebounded in 2013, helping more than 3 million home owners regain long-lost equity, according to CoreLogic’s latest MarketPulse report. “We’re encouraged by the improvements of the past year and have every reason to be cautiously optimistic about continued progress in 2014. That said, monitoring the current and potential headwinds the industry faces is […]

Housing Affordability Declines as Interest Rates Go UP

The majority of housing markets remain affordable to the average family, but rising mortgage rates and rising housing prices are causing more families to have to stretch financially, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for December. “Rising mortgage rates and rising housing prices over the past six months are making it […]