California housing affordability rises in Q3

Housing affordability increased in 22 of the state’s 28 metropolitan areas in the third quarter, according to the California Building Industry Association’s Housing Opportunity Index (HOI). On a statewide basis, the HOI found that a family earning the median income could have afforded 63.5 percent of the new and existing homes that were sold during …

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Market Update: Bayfront Residences

For single-family residences: new listings and sold listings, from 6/1/11 through 9/1/11 310 38th Street 3 Bed/4 Baths For Sale $3,795,000 331 Via Lido Soud 3 Bed/3 Baths For Sale $4,400,000 844 Via Lido Nord 3 Bed/6 Baths For Sale $7,995,000 3336 Via Lido 2 Bed/4 Baths For Sale $7,950,000 1222 E. Balboa Blvd. 5 …

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Is recovery in sight for the housing market?

It looks as if the housing market is repeating history.  Turns out that like the stock market, real estate is relative and everything is cyclical, just like every other type of economics.  Prices and sales go up, and they go down.  And then they do it all over again. Although it’s a volatile market right …

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