February home sales were sluggish for both the Bay Area and the state, according to the California Association of Realtors. Is this, as one local agent said in today’s Press Democrat, the “new normal?”… Read More »
A Press Democrat Blog
News and conversation about Sonoma County real estate
California home sales will stay sluggish next year as the market continues to struggle with a weak economy and large numbers of distressed properties. Home sales will climb a mere 2 percent in 2011 after a projected drop of 10 percent this year, the California Association of Realtors forecast Monday. The median price also is expected to rise 2 percent next year to $312,500. In many geographical areas around the state, prices have increased from the lows of 2009, the… Read More »
The California Association of Realtors reports August home sales up nearly 2 percent from July. But the state recorded almost 80,000 fewer sales than in August 2009.… Read More »
Los Angeles, Sacramento and the Bay Area all had a double-digit drop in sales.… Read More »
First-time buyers can receive a tax credit of up to $10,000.… Read More »
The state and nation measure increases in March home sales compared to a year ago.
County sales dipped 5 percent compared to March 2009.
… Read More »
Foreclosure Radar says activity soon resumed to previous levels for default and trustee sale notices.… Read More »