California housing on the rebound?

California housing rebound picks up speed, Realtors report | article by the OC Register “California’s housing rebound is picking up steam. Homes in May moved statewide at their fastest pace – and enjoyed their biggest year-over-year gain – in three years, according to the California Association of Realtors. The Realtors’ May report noted these statewide trends for single-family …

Continue reading ‘California housing on the rebound?’ »

California distressed property sales down, equity ones up

In California, the sale of distressed properties slowed down as equity sales picked up in February after two months of decline, the California Association of Realtors (C.A.R.) reported this week. “A lack of inventory in the bank-owned (REO) and short sale market was a contributing factor to the decline in share of distressed sales in …

Continue reading ‘California distressed property sales down, equity ones up’ »