First gain for Calif. prices in 16 months

REALTORS®: First gain for Calif. prices in 16 months The median price for an existing, single-family home in California rose 1.6 percent in March compared with the year before, marking the first year-over-year increase in 16 months, the CALIFORNIA ASSOCIATION OF REALTORS® reported Monday. Making sense of the story The statewide median price of an …

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Better Days Ahead for the Real Estate Market?

Despite the fact that key market indicators released in recent weeks have shown declines in home sales, anecdotal reports from real estate agents in the field suggest “better days are ahead for the industry,” according to commentary released Monday by the economic team at Wells Fargo Securities, LLC. Even builders – who’ve endured possibly the …

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Good news–not just here, but across the nation!

In what seems to be an ever-increasing trend, sales of existing homes and condos in the Sunshine State continued to surge in June, Florida Realtors recently reported. According to Florida Realtors’ report, a total of 18,038 single-family existing homes sold in June 2010, jumping 15 percent from the same month last year. This marked the …

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