Current Articles | RSS Feed RSS Feed

Top 10 California Real Estate News Articles for June 2012


Here are our Top 10 California and Nationwide Real Estate News Articles for June 2012:

Calif. homes sell at fastest pace in three years
California’s housing market moved at its fastest pace — and biggest year-over-year gain — in three years in May, according to the California Association of Realtors.


zillow survey

From Zillow:


Zillow Home Price Expectations Survey: Home Prices Will Bottom by 2013
The consensus is that home prices will decline only slightly in 2012, falling 0.4 percent for the entire year and will rise by 1.3 percent in 2013.


International Sales Continue to Climb in U.S. Market, Realtors® Report
Due to low prices and the relative weakness of the dollar, international buyers continue to identify the U.S. as a desirable place to own property and make a profitable investment.

Mortgage-debt forgiveness preventing foreclosures
Reducing the amount struggling homeowners owe on their mortgages is proving to be a more effective way to prevent foreclosures than other methods, such as reducing interest rates or postponing payments, a new report finds.

Congress Passes Student Loans, Highway Jobs Bill
Congress gave final approval on Friday to a massive job-creating U.S. transportation bill that under a bipartisan deal will also keep interest rates low for millions of federal student loans and maintain federal flood insurance.

State mortgage programs can help you buy a home
Not only can you get a pretty good deal on a home loan if you qualify for a state program for first-time buyers, but now you might be able to snap up the home of your dreams -- at a bargain-basement price.

California Home Sales Continue to Rebound
May was the fourth-straight month of double-digit housing sales gains in California, on a year-over-year basis.

Federal Housing Administration rescinds tough new rules on mortgage applicants
In a policy switch that could be important to thousands of applicants seeking low-down-payment home mortgages, the Federal Housing Administration has rescinded tough new credit restrictions that had been scheduled to take effect July 1.

Existing-Home Sales Constrained by Tight Supply in May, Prices Continue to Gain
Limited supplies of housing inventory held back existing-home sales in May, but sales maintained a strong lead over year-ago levels and home prices are on a sustained uptrend in all regions, according to the National Association of Realtors®.

New home sales jump 7.6% in May
The housing market got some good news on Monday, as the government reported that sales of new homes rose 7.6% in May.



And remember, for all of your Bay Area Real Estate needs, contact Paymon Ghafouri.

And as always, have a great Real Estate Day!


Currently, there are no comments. Be the first to post one!
Post Comment
Website (optional)

Allowed tags: <a> link, <b> bold, <i> italics

Never miss a post

Your email:

Follow Me