California Home Sales
California Home Sales
California home sales
California pending home sales
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today that pending home sales in California fell in November but were up from the previous year for the seventh consecutive month.
Pending home sales are forward-looking indicators of future home sales activity, providing information on the future direction of the market. Read more 
California Home Sales Fall 14%
California home sales
San Diego-based MDA DataQuick said in a report released today showed home sales in Southern California fell nearly 14% last month from August 2009 to reach their lowest level for the month of August since 2007.
Also this same report said the median home price in Southern California rose about 5% last month from August 2009. August’s median of $288,000 was up from the year-ago figure of $275,000 but down about 2% from $295,000 in July.
Foreclosures accounted for approximately 35% of August’s sales.
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California Home Prices
California home prices on the rebound? Will the trend remain in place now that the government tax credits are over?
California real estate market
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California Million Dollar Home Sales Fall 68 Percent
jumbo home loans
The jumbo mortgage market is in poor shape and there just is no real financing out there. What jumbo mortgage financing there is, is expense and much more difficult to qualify for.
Over million dollar home sales in California:
2005 – 57,773
2006 – 50,010
2007 – 42,506
2008 – 24,436
2009 – 18,621
San Jose California real estate lawyer
California Homeowners Reasons For Selling Their Homes
California home sales
According to a recently released California Association of Realtors report, 67 percent of all sellers in California did so as a result of difficulties related to meeting their mortgage obligation. Changes in family and employment status as well as adjustments to monthly mortgage obligations played significant roles in homeowners’ decisions to sell their homes in 2009. Read more
California New Home Sales at Historic Lows
California new home sales
The California Building Industry Association (CBIA) reported that new home sales in California remained at historic low levels in August, signaling that the state’s housing sector may be slow to recover from a stubborn recession.
“While there are some encouraging signs in California housing markets, activity remains low,” said CBIA President and CEO Liz Snow. “These reports are evidence that housing markets remain depressed and continue to hamper a broader economic recovery in California.” Read more