Market Snapshot

Already strong spring home buying season in sight Following the winter lull, forward looking market indicators suggest we may be seeing a strong spring home-buying season. Data on pending home sales from the California Association of Realtors (C.A.R.) shows a 23 percent increase in activity between December and January. Pending home sales are forward-looking indicators …

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Existing-home sales in 2013 were strongest in 7 years

Existing-home sales last year hit their highest level since 2006 as the housing market continued to stabilize, the NATIONAL ASSOCIATION OF REALTORS® (NAR) reported. Compared to 2012, existing-home sales in 2013 increased 9.1 percent to 5.09 million, marking the strongest performance since 2006, “when sales reached an unsustainably high 6.48 million at the close of …

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Existing-home sales increase as inventory shortage persists

Existing-home sales in May hit their highest level since November 2009 when a tax stimulus was fueling sales, according to the National Association of Realtors. May’s seasonally adjusted annual sales rate of 5.18 million units was up 12.9 percent from 4.59 million units in May 2012 and up 4.2 percent from 4.97 million units in …

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Four affordable improvements to make to your home now

Now’s a perfect time of year to create a plan for how you can tweak and hack your home to be a happier place. Here are a few inexpensive suggestions: 1. Paint like a scientist. Studies show that painting rooms colors that are consistent with their purpose actually makes a home’s residents happier than they …

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