Southern California renters have an corner over home buyers

With a demoniac housing marketplace shutting out would-be buyers all over Southern California, promulgation that check to a landlord is looking smarter any day. The let marketplace provides a sheer contrariety to a impassioned housing recovery. In Los Angeles County, apartment rents have risen usually slowly, with an expanding supply of rentals holding down prices. […]

As Home Sales Heat Up Again, Buyers Must Resort to Cold Cash

The ripping of final decade’s housing burble feels like ancient story here, where first-time home buyers are competing with investors to get into single-family homes with prices entrance $1 million. “It’s everybody from a child out of law propagandize to an financier from China, walking around with thousands to spend,” pronounced Kameron Eliassian, a Los […]

Home prices nearby new peaks in many markets – USA Today

Home prices in Phoenix were adult 19% in a past year.(Photo: Justin Sullivan Getty Images) Home prices in 10% of a nation’s tip 200 housing markets have recently strike new peaks or are usually a hair away, new information show. Another 24 of a tip markets are within 5% of their prior peaks, according to […]

Home Values Rise Quickly though Unevenly

Associated PressA home for sale in California. Home values rose scarcely 6 percent in 2012, according to year-end data from a genuine estate Web site Zillow. But such increases aren’t approaching to continue. The boost is a largest annual benefit given 2006, nearby a arise of a housing bubble, and is larger than a standard […]

New home sales strongest in some-more than 2 years

New home sales in Nov rose to their tip spin given 2010. New-home sales rose in November, recording their strongest gait in some-more than 2 years, another pointer of alleviation in a housing market. The Census Bureau reported Thursday that sales of new homes rose to an annual rate of 377,000 in a month, adult […]