San Gabriel Valley Real Estate

From East to West Reeds Are The Best!

Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business

Moving in with parents becomes more common for the middle-aged

5 Questions on the State of Mortgage Lending

More homeowners are becoming first-time landlords

HUD’s Donovan: This is the worst rental crisis in this nation, ever

A Settlement on Soured Mortgages May Raise Questions on What Is

Student debt holds back many would-be home buyers

Higher prices ‘choke’ housing

What you should know …
 California pending home sales increased more than usual and rose to the highest level in eight months, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Overall, pending home sales climbed 17.8 percent in March, with the Pending Home Sales Index (PHSI) rising from 97.1 in February to 114.4 in March, based on signed contracts.
 In addition, the share of short sales has fallen to levels last observed in 2008.
 The share of equity sales – or non-distressed property sales – has been increasing steadily over the past year. The share of equity sales increased to 87.6 percent in March, up from 85 percent in February.



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This entry was posted on April 25, 2014 by and tagged , , , , , .

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Rich & Annie Reed
Long Dragon Realty
CalBRE# 01906230 & 01894384



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