Sales in California Up in February, Median Prices Down Home sales in California showed signs of improvement for February compared to the previous month of January and year before in February 2011, according to data from the California Association Of Realtors (C.A.R.). For February, sales were up 2.1 percent from January’s revised 517,120 and …
While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital …
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Several financial sectors suggest economic stabilization and growth, but the nation’s housing market continues to dampen overall conditions, according to the credit bureau Equifax. Equifax, based in Atlanta, has released the results of a study it conducted during the month of May analyzing national credit trends. The company points to shadow inventory and REOs as …
Continue reading ‘National Recovery is Affected by REOs and Shadow Inventory’ »
According to Radar Logic, a real estate data and analytics firm, strong job gains will not bolster the housing market despite opinions from economic experts. The New York-based firm predicts that a recovery in housing values will precede a recovery in the economy, spending, and jobs. The U.S. Department of Labor released new figures Friday …
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