Las Vegas Region January Home Sales 2012 - 02/29/12 02:49 PM
The number of homes sold in the Las Vegas area last month was the highest for a January in five years thanks to robust sales below $200,000, and especially under $100,000. The median price paid sank to its lowest point since April 1994 as distressed property sales made up two-thirds of all resale activity and investor purchases reached a near-record level, a real estate information service reported.
In January, 4,038 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County). That was down 16.6 percent from December but up 8.5 percent from January 2011, … (0 comments)

DataQuick: California January Home Sales 2012 - 02/16/12 06:36 PM
An estimated 28,111 new and resale houses and condos were sold statewide last month. That was down 25.5 percent from 37,734 in December, and up 1.5 percent from 27,706 for January 2011. A decline from December to January is normal for the season. On a year-over-year basis sales have increased the past six months. California sales for the month of January have varied from a low of 19,145 in 2008 to a high of 47,138 in 2004, while the average is 31,717. DataQuick's statistics go back to 1988.
The median price paid for a home last month was $236,000, down 4.1 … (2 comments)

San Francisco Bay Area January Home Sales 2012 - 02/16/12 05:33 PM
La Jolla, CA.----Bay Area home sales rose last month to the highest level for the month of January in five years, boosted by lower prices, ultra-low mortgage rates, a modestly improved economy and a record level of investor purchases. The median price paid for a home fell year-over-year for the 16th consecutive month as “distressed” sales rose to the highest level since early last year, a real estate information service reported.
A total of 5,479 new and resale houses and condos sold in the nine-county Bay Area in January. That was down 26.9 percent from 7,494 in December, and up … (1 comments)

Southland Home Sales Flat, Prices Edge Down - Jan 2012 - 02/15/12 05:33 PM
Februry 15, 2012 La Jolla, CA---The Southland housing market started 2012 with slightly higher sales and slightly lower prices despite record-low mortgage interest rates. Home sales skewed toward the lower price ranges, which is normal for January, as many traditional buyers retreated and investors snapped up homes at a record level, a real estate information service reported.
A total of 14,523 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 24.5 percent from 19,247 in December, and up 0.4 percent from 14,458 in January 2011, according … (0 comments)

California Foreclosure Activity Drops 2011 - 02/02/12 07:35 PM
January 24, 2012 La Jolla, CA.--The number of California homes going into foreclosure dropped in the fourth quarter of 2011 to the second-lowest level in more than four years, the result of evolving lender and mortgage servicer policies as well as shifting market conditions, a real estate information service reported.
A total of 61,517 Notices of Default (NODs) were recorded at county recorders offices during the fourth quarter. That was down 13.7 percent from 71,275 for the prior three months, and down 11.9 percent from 69,799 in fourth-quarter 2010, according to San Diego-based DataQuick.
Last quarter's 61,517 NODs marked the lowest … (0 comments)

California December Home Sales 2011 - 02/02/12 07:34 PM
January 18, 2012 An estimated 37,734 new and resale houses and condos were sold statewide last month. That was up 15.5 percent from 32,669 in November, and up 4.2 percent from 36,215 for December 2010. California sales for the month of December have varied from a low of 25,585 in 2007 to a high of 66,503 in 2003, while the average is 44,063. DataQuick's statistics go back to 1988.
The median price paid for a home last month was $246,000, up 0.8 percent from $244,000 in November, and down 3.1 percent from $254,000 for December 2010. The median has decreased on … (0 comments)

Bay Area Sales Up, Prices Down 2011 - 02/02/12 07:33 PM
January 18, 2012  
La Jolla, CA.----The Bay Area’s housing market rounded out 2011 much the way it started it: with constricted and atypical sales activity, lots of bottom feeding, and a largely dormant mid- to move-up market. Sales were up slightly last month, while prices dropped, a real estate information service reported.
A total of 7,494 new and resale houses and condos sold in the nine-county Bay Area in December. That was up 18.6 percent from 6,317 in November, and up 4.4 percent from 7,178 in December 2010. The year-over-year increase was the sixth in a row, according to San … (0 comments)

Southland December Home Sales, Prices Fall Short of a Year Earlier 2011 - 02/02/12 07:32 PM
January 17, 2012 La Jolla, CA---Southern California home sales surged last month from November – as they normally do – amid relatively strong activity under $300,000 and a record share of sales to “absentee” buyers, mainly investors. But with the purchase plans of many ordinary buyers and sellers still on hold, the year-end rush couldn’t lift sales above December 2010. Moreover, investors’ focus on lower-cost homes helped push the median sale price back down to its 2011 low point, a real estate information service reported.
A total of 19,247 new and resale houses and condos sold in Los Angeles, Riverside, San … (0 comments)

Miami Region November Home Sales 2011 - 02/02/12 07:31 PM
January 11, 2012 Miami-area homes sold at the fastest pace for a November in five years as lower prices and mortgage rates continued to drive robust demand from investors and vacation-home buyers - both foreign and domestic. The region's median sale price rose from October but fell short of the year-ago level for the 50th consecutive month, a real estate information service reported.
In November, 7,855 new and resale houses and condos closed escrow in the metro area encompassing Miami-Dade, Palm Beach and Broward counties. That was up 5.0 percent from the prior month and up 17.5 percent from a year … (0 comments)

Phoenix Region November Home Sales 2011 - 02/02/12 07:30 PM
The number of homes that resold in the Phoenix area rose above a year earlier for the twelfth month in a row in November as activity increased across the price spectrum. A variety of median sale price measures trended higher month-to-month, and the region’s overall median sale price fell year-over-year by less than 1 percent – the smallest dip since the median began to erode consistently in summer 2010, a real estate information service reported.
A total of 7,766 new and resale houses and condos closed escrow during November in the combined Maricopa-Pinal counties metro area. That was down 3.5 percent … (0 comments)

Las Vegas Region November Home Sales 2011 - 02/02/12 07:28 PM
The number of homes sold in the Las Vegas area rose year-over-year for the fifth consecutive month in November as a surge in sub-$200,000 transactions made up for a decline in activity above that threshold. Prices appeared flat, with the region’s overall median sale price stuck at $115,000 for the third consecutive month, a real estate information service reported.
In November, 4,460 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County). That was down 3.1 percent from October but up 11.2 percent from November 2010, according to San Diego-based DataQuick. The firm tracks real … (0 comments)