Higher home prices offset lower interest rates to reduce housing affordability in California during the fourth quarter of 2012. The Index is considered the most fundamental measure of housing well-being for home buyers in the state.
Housing market confidence among Americans continues to trend in a positive direction despite stalling optimism about the economy and personal finances, according to results from Fannie Mae’s June 2012 National Housing Survey.
Despite widespread national asking price rises, rent increases outpaced price increases in 22 of the 25 largest rental markets, according to the Trulia Rent Monitor. Nationally, rents were 5.4-percent higher in June than they were a year ago.
Data in the June Housing Scorecard show some promising signs of stability, though the overall outlook remains mixed.
Interest Rates Inflation Flow of Investment Funds Business Cycles Cataclysmic Events Migration & Job Growth Path of Development New Construction Supply & Demand Neighborhood Factors Changes in Season To read the beginning of this discussion on factors that affect home prices, Click Here. [...]
The national news is filled with warnings about foreclosures reaching new highs. I got curious and pulled the stats for Santa Cruz County and I have some good news regarding home values to report.
A year ago Distressed properties made up 30% of the sales here in Santa Cruz County. As of 4-19-2011, our MLS [...]
This is the question most often asked real estate agents. “Good” or “Bad” are terrible answers to give someone because the answer really depends on their situation. Are they buyers, sellers, landlords, or renters? Each will need an answer that addresses their needs. What is good for a buyer [...]
The rules, which go into effect April 1, 2011, are designed to protect mortgage borrowers from unfair, abusive, or deceptive lending practices.
The market here in Santa Cruz has been stable for a year now…
The Senate passed the financial regulation bill today, which will impact home buyers and lending guidelines.
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