Month: June 2013

The recent jump in home prices – near record month-month and year-year increases reported for May by the National Association of Realtors – has led to speculation that the rapid surge in home prices could be the sign of a new housing bubble of the kind which led to theContinue Reading

Asking prices are rising at an especially fast pace in the least affordable housing markets, according to Trulia. Nationally, asking prices increased 9.5 percent year-over-year in May, but in the ten least affordable metros, asking prices spiked 16.3 percent during the same time period. Trulia also found out of theContinue Reading

Construction spending during April rose 0.4 percent to a seasonally adjusted annual rate of $860.8 billion compared with March’s revised estimate of $857.7 billion. The April figure is 4.3 percent higher than a year ago. In the Inland Empire we are seeing new construction again. This should be assist theContinue Reading

Calif. median home price: April 2013: California: $402,760 Calif. highest median home price by region/county April 2013: Marin, $952,870 Calif. lowest median home price by region/county March 2013: Siskiyou County, $$118,0000 Calif. Pending Home Sales Index: April 2013: Decreased 3.7 percent from a revised 126.5 in March to 121.7 in April Calif. Traditional HousingContinue Reading

TRULIA EXPANDS MAP VISUALIZATIONS, PROVIDES THE INSIDE SCOOP ON RENTAL PRICES AND NATURAL DISASTER RISKS ACROSS AMERICA Visualize Rising and Falling Rents and Where Flood and Earthquake Risks Are Highest A leading online marketplace for home buyers, sellers, renters, and real estate professionals, today released interactive map visualizations that showContinue Reading