California home sales increase in October

Home sales increased 8.5 percent to a seasonally adjusted annual rate of 493,240 units in October compared with a year earlier, C.A.R. reported.  On a month-over-month basis, home sales in the state rose 0.9 percent. “Based on preliminary analysis, it appears that the lower conforming loan limits has had a cooling effect on home sales …

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Current Sales and Price Activity

This data is from CAR.org. To view statistics on all counties in California, please go CAR.org’s page here: “Current Sales and Price Activity“.

July sales and price report

California home sales fell in July but were up from the previous year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported: …Closed escrow sales of existing, single-family detached homes in California dropped 4.1 percent to a seasonally adjusted 458,440 units in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and …

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Prioritize trade-offs in house-vs.-condo decision

Q: What is better to buy: a house or a townhouse? A. In the house vs. condo or townhouse battle, the analysis of which type to buy is not as simple as “better” or “worse,” per se. However, there are trade-offs to each, and in the final analysis of which property type to buy, own, …

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