November 25, 2009 |
California single-family home prices fell 3.2% in October from a year earlier, helping lift sales, the state Association of Realtors said. The median price for an existing, detached house fell to $297,500 from $307,210 a year earlier, the Los Angeles-based group said today in a statement. Prices gained 0.3% from the previous month, the association said. Sales of existing houses climbed 1% in October from a year earlier, the Realtors group said. The state is on pace to record 562,400 sales in 2009, based on the rate of transactions last month.
November 22, 2009
1510 San Clemente Lane, Corona 92882 Listed for: $479,900 Size: Five bedrooms and three bathrooms in 2,486 square feet Lot size: 6,969 square feet Features: Built in 1990, the Mediterranean two-story has a formal dining room, a fireplace in the family room and a three-car garage . MLS ID: K09120809 8273 Soft Winds Drive, Corona 92883 Listed for: $499,900 Size: Three bedrooms and...
November 8, 2009 |
1122 26th St. Unit 103, Santa Monica 90403 Listed for: $919,000 Size: Three bedrooms and 2 1/2 bathrooms in 1,500 square feet Features: The two-level Spanish-style town house has a patio, hardwood floors, crown moldings, recessed lighting, central air and heat and stainless steel appliances. MLS ID: 09-384639 About the area: In the 90403 ZIP Code, based on 21 sales, the median sale price of existing homes in the first three quarters of the year was $1,455,000, down 27.6% from the median for the first three quarters of 2008, according to MDA DataQuick.
October 27, 2009 |
Single-family home prices in California dropped 7.3% in September from a year earlier, helping boost the number of houses sold, the California Assn. of Realtors said. The median price for a previously owned detached house fell to $296,090 from $319,310 a year earlier, the Los Angeles group said in a statement. The price rose 1.1% from August, the seventh consecutive month-over-month increase. Sales of foreclosed homes accounted for 42% of transactions involving previously owned properties in California in August, research company MDA DataQuick said.
October 16, 2009 |
The state's housing market showed more signs of recovery in September, as the median sales price rose nearly 1% from August, to $251,000, a real estate research firm reported Thursday. The number of homes sold in California also was up last month 1% from August. A total of 40,216 homes were bought in California in September, roughly the same number as the same month last year, according to San Diego-based MDA DataQuick. The pricey San Francisco Bay Area accounted for a higher percentage of homes sold statewide, bolstering prices.
October 11, 2009 |
509 Via Media, Palos Verdes Estates 90274 Listed for: $1,499,000 Size: Three bedrooms and three bathrooms in 2,668 square feet Lot size: 7,140 square feet Features: Built in 1956, the two-story home has hardwood floors, a flagstone fireplace in the living room and air conditioning. There are coastline, ocean and city views. MLS ID: V09075990 2240 Via Anacapa, Palos Verdes Estates 90274 Listed for: $2,099,000 Size: Four bedrooms and four bathrooms in 3,250 square feet Lot size: 7,657 square feet Features: Built in 2006, the two-story Mediterranean has hardwood, stone and travertine floors; fireplaces in the family room, living room and master bedroom; and a walk-in pantry.
September 27, 2009 |
For generations of Americans, a home was seen not simply as a dwelling, but as an engine of personal wealth. That view was promoted by the home-building and real estate sales industries as well as the U.S. government, which subsidized home loans and provided tax deductions for mortgage interest. There have been booms and busts along the way, but from the second half of the last century through the start of this one, nothing derailed the real estate locomotive on its uphill climb.
September 18, 2009 |
The median home price in California ended a three-month rally in August, falling 0.4% to $249,000, a real estate research firm reported Thursday. The San Francisco Bay Area showed an even greater drop of 8.9%, bringing its August median down to $360,000. Statewide, 39,811 homes were sold in August, down 11.7% from July, according to MDA DataQuick. The sales drop may have resulted from fewer foreclosed homes on the market. In the Bay Area, for instance, the percentage of homes sold that had been foreclosed fell to 32.5%, down from 36% a year earlier, according to DataQuick.