The share of equity sales rose to their highest level in five years in March, while California pending home sales climbed from the previous month, C.A.R. reported this week. C.A.R.’s Pending Home Sales Index (PHSI) rose 14.8 percent from a revised 110.1 in February to 126.3 in March, based on signed contracts. Pending sales were [...]
Tag Archives: home sales
Vacation Home Sales Rise in 2012
The American desire to own a second home as a vacation home is alive and well! The National Association of Realtors analysis of U.S. Census Bureau data shows there are 7.9 million vacation homes in the U.S. Their 2013 Investment and Vacation Home Buyers Survey shows vacation home sales improved in 2012. NAR Chief Economist [...]
Another Reason to Sell Now: New Construction Will Soon Be Your Competition
Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering, more and more builders are jumping back in. As an example, the National Association of Realtors revealed, relative to last year, year-to-date new home sales are up [...]
Homes Are Flying Off the Market
Bloomberg Businessweek; by Karen Weise This is, many people will tell you, a “Big Week for Housing Data” as a deluge of new statistics come out about how housing markets fared in February. Amid the flood of figures, one overlooked data point is crucial in understanding the state of the market right now. The housing [...]
What’s Up with the Housing Inventory?
It’s All About Supply and Demand Definitions of Supply and Demand: Dictionary.com In classical economic theory, the relation between these two factors determines the price of a commodity. This relationship is thought to be the driving force in a free market. As demand for an item increases, prices rise. When manufacturers respond to the price increase [...]
Situated on the Coastal Bluffs of Carlsbad!
7328 Melodia Terrace, Carlsbad, CA, 92011 Ocean View! Isla Mar in Aviara is a Gated Community Situated on the Coastal Bluffs of Carlsbad with Views to the Ocean. Home is Across from Dedicated Open Area. Builder Incorporated a Custom View Deck Exclusive to this Property to Enjoy the Incredible Ocean and Sunset View! Mello-Roos up [...]
Future House Values? Simple as Supply and Demand
For some time now, we have attempted to shed light on the fact that pricing in today’s real estate market, as it is in the markets for every other saleable item, will be determined by the concept of ‘supply and demand’. According to dictionary.com: “The relationship between supply and demand determines the price of a [...]
Thinking of Buying Your Dream Home? DO IT NOW!
A recent survey showed that 3 out of 4 future home buyers (who are not first time buyers) plan to move up to some form of a ‘better’ home. The breakdown: Move to a significantly bigger home (49%) Move to a nicer home (17.5%) Move to a nicer part of town (8.6%) If you or [...]
