Up Beat Real Estate News
Real estate sales activity improving.
Real Estate News
Home Prices: Favorable home prices and record-low interest rates combined with high demand and a severe shortage of available housing have created a highly competitive housing market in California, with nearly six in ten home sales receiving multiple offers, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2012 Annual Housing Market Survey.” Read more 
Good Real Estate News
Good Real Estate News
The Commerce Department reported today that single-family housing starts rose 5.5 percent to an annual rate of 535,000 homes, the best pace since April 2010. Apartment construction, which can be volatile from month to month, fell 4.9 percent.
The rate of home construction has improved almost 60% since hitting a recession low in April 2009. It’s still half the pace considered healthy. Read more
Housing Market Good News
housing market
The Commerce Department reported today that U.S. housing starts surged in September at their fastest annual pace in 17 months!
Single-family home construction, which accounts for a larger share of the market, increased 1.7 percent while buildings with two or more units rose 51.3 percent.
The largest increase in housing starts was for multi-family units.
Well, like any good news in today’s housing market, one should be kept in mind that even with this jump in housing starts, the total level of housing starts is still very depressed and has been so for the past three years.
Real Estate Post Award
The Property Grunt hosted the 7-10-09 Carnival of Real Estate and selected one of our prior posts as a winner:
Bob Schwartz, CRS,GRI presents Cap and Trade: Another Hurdle for the Housing Market | San Diego real estate market blog posted at San Diego real estate market blog.