by Phyllis Rockower | Jun 16, 2013 | Uncategorized
Prices were up 31% from last May and the Los Angeles median price single family home was 423k. The median is the number where half of the houses were above this number and half were below. What is interesting is the divergence from zip code to zip code, I like to go...
by Phyllis Rockower | Apr 25, 2013 | Housing News, Uncategorized
The ranking considers factors such as sales/listing activity and prices, months of remaining inventory (MRI), days on market (DOM), sold-to-list price ratio and foreclosure and REO activity. Top Metros Santa Ana-Anaheim-Irvine, California Indianapolis-Carmel, Indiana...
by Phyllis Rockower | Dec 6, 2012 | Housing News
This was for the 3rd quarter of 2011 and was 1%less than the 2nd quarter. Short sales outnumbered bank foreclosures for the first time. Reos increased 1% from the 2nd quarter but were down 20% from a year ago. Read the...
by Phyllis Rockower | Nov 26, 2012 | Uncategorized
Sales for first time homebuyers are going down. It’s really difficult for these folks. FHA does 50% of these loans and their underwriting requirments are so strict that few can get appoved. In addition, the csosts for FHA loans are increasing which is also...
by Phyllis Rockower | Jun 27, 2012 | Housing News
Pending home sales are up 13% over last year and prices are up also. Values in the nation’s largest cities increased in April over March after seven months of consecutive declines. Almost every city managed to post a month-over-month gain. All of the California cities...
