Good news for real estate in the Orange County area! In a recent article by the Orange County Register, “the Orange County housing market ended 2012 on a strong note, as sales soared and prices climbed to the highest level in 4 1/2 years, according to two reports released” recently. With both sales and prices up …
A dramatic shortage of homes for sale in California has created an especially tough market for first-time buyers, with nearly 6 in 10 homes getting multiple offers, a California Association of Realtors survey shows. Fifty-seven percent of homes for sale got multiple offers in 2012, the highest percentage in at least the past dozen years, …
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The California Association of Realtors (C.A.R.) continued to report a shortage of inventory in September, which is limiting home sales but seems to be pushing up median home prices. According to C.A.R., the median home price in California is now at the highest level in more than four years. The statewide median price of an …
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Persistently declining for-sale home inventory helped push the median price of California homes up to its highest level in four years in August, according to a report by the CALIFORNIA ASSOCIATION OF REALTORS®. Closed sales of existing single-family homes in the Golden State also saw gains, rising 2.3 percent on an annual basis in August …
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