Market Updates

Distressed housing market shrinks dramatically in last 5 years

2017-08-05T04:54:43+00:00

For release: March 10, 2014 Distressed housing market shrinks dramatically since housing downturn of Great Recession LOS ANGELES (March 10) – Vastly improved home prices over the past five years have changed the landscape of California's distressed housing market, which is now just a fraction of what it was during the Great Recession, the CALIFORNIA [...]

Distressed housing market shrinks dramatically in last 5 years2017-08-05T04:54:43+00:00

January home sales and price report

2017-08-05T04:54:43+00:00

For release:February 19, 2014 Constrained housing inventory flattens January home sales LOS ANGELES (Feb. 19) – A limited supply of available homes for sale continued to hamper California housing sales, which were essentially flat in January, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported. "The underlying fundamentals for housing demand exists, however, constrained inventory is holding [...]

January home sales and price report2017-08-05T04:54:43+00:00

FHA drastically lowers loan limits

2017-08-05T04:54:43+00:00

Last week, the Federal Housing Administration (FHA) announced it was reducing the loan limit for FHA-insured loans from $729,750 to $625,500 beginning Jan. 1, 2014. However, while the FHA is required by statutes under the Housing and Economic Recovery Act (HERA) to lower its cap on loan limits, it has also interpreted HERA to require [...]

FHA drastically lowers loan limits2017-08-05T04:54:43+00:00

C.A.R. Seller Survey: home sellers excited about the market

2017-08-05T04:54:43+00:00

Research Contact:Selma Hepp(213) [email protected] For release:January 16, 2014 Home sellers excited about the market again; have confidence to repurchase, C.A.R. survey finds LOS ANGELES (Jan. 16) – Home sellers are more optimistic about repurchasing a home than in the past few years, thanks to strong growth in home prices, record-low interest rates, and better personal [...]

C.A.R. Seller Survey: home sellers excited about the market2017-08-05T04:54:43+00:00