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Realtors: Calif. home price, sales up in June
The California Association of Realtors reported that house prices and home sales both rose by more than 8% last month from last year’s levels, the latest sign that a market recovery is under way....
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Rising prices put more O.C. homes out of reach
Click on charts to enlarge Rising home prices have put homeownership out of reach of more local homeowners, two reports show. But homes still are the most affordable than they’ve been in years, thanks...
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California home prices near 4-year high
California home sale prices came close to a 4-year high in July, with the pace of sales year-over-year growing for the fourth month in a row, the California Association of Realtors says. “It’s hard to...
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Report: O.C. home prices up 12%
Orange County’s median price for existing, single-family homes took a dramatic leap in August, up by nearly 12% from August a year ago, the California Association of Realtors says. Local home prices...
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Realtor conference opening in Anaheim
A huge welcome banner was unfurled over the weekend. Workers were busy Monday unloading equipment and setting up booths. By 8:30 a.m. Tuesday, more than 7,000 Realtors are expected to descend upon the...
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OC broker set to lead nation’s Realtors
As California Realtors converge on Anaheim for their annual conference this week, one of their own is preparing to step up to the highest office in U.S. realty. Broker Gary Thomas will be sworn in as...
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Realtors: Calif. house sales, prices to rise in 2013
Home sales in California are projected to rise for the third year in a row in 2013, climbing to the highest level in four years, the California Association of Realtors said in a housing market...
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OC Realtor lead effort to form statewide MLS
Real estate broker Gary Thomas believed he could make a difference. And for over more than two decades, he did. By applying his powers of “strategic thinking,” the Mission Viejo Realtor helped...
View ArticleSlim housing stock fuels Realtor services
Hundreds of exhibitors promoted their businesses Wednesday to Realtors at the California Association of Realtors Expo in Anaheim, the real estate industry’s annual trade show that blends networking...
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Jumbo loans heat up again
They fell off the radar after the housing market collapsed, mortgage qualifying rules tightened up and luxury home sales went slack. Now jumbo loans are heating up again. Real estate data firms and...
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Experts say ‘shadow’ homes won’t crush housing
Investors and homeowners needn’t fear homes in the “shadows” of the housing market, a panel of experts said as the California Association of Realtors wrapped up its annual conference in Anaheim this...
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Bulk sale of foreclosures called ‘stupid’
The head of the state’s leading real estate trade group had just two words to describe government plans to sell foreclosed homes en masse and rent them out. “They’re stupid,” Joel Singer, CEO of the...
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Short sale fraud ‘heating up,’ expert says
As short sales become increasingly dominant in today’s market, so has short sale fraud, said short sale expert Kathy Mehringer. “Fraud is heating up like a wildfire right now,” said Mehringer, risk...
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Grief a common ‘short sale’ side effect
Group therapy for Realtors goes something like this: Stand up if you had a client yell at you. Or if you had clients argue in front of you. Or cry. Or call at all hours on Saturday and Sunday. At the...
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Housing market may not recover until 2017
Leslie Appleton-Young, chief economist for the California Association of Realtors, recently issued her 2013 housing market forecast predicting that both home prices and sales will see modest increases...
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Homesellers, it’s your market
When Grant Fry spotted a listing one night for a 4-bedroom house in Orange that seemed to be exactly what he was seeking, he knew he had to move fast. He showed up at the home the next day: “We were...
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Report: CA. in 7th month of home price gains
The median price of a California home reached its highest level in more than 4 years in September, the California Association of Realtors reports. But while prices rose, a continued shortage of homes...
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Realtors: Short sale process still too tough
A survey of California Realtors indicates that while it’s been getting easier to close short sales, overall, the process is still considered too difficult. Sixty four percent of Realtors responding to...
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6 in 10 homes on the market get multiple offers
A dramatic shortage of homes for sale in California has created an especially tough market for first-time buyers, with nearly 6 in 10 homes getting multiple offers, a California Association of...
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More Calif. homes sell for a loss, survey shows
More California homes are selling for a loss this year, a survey of Realtors shows, while the amount of profit for those who did see a gain shrank to an eight-year low. A third of homes sold for less...
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