San Gabriel Valley Real Estate

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What To Expect From Housing In The Second Half Of 2014

The Foreclosure Fade, and What it Means for the Housing Market

Debt-to-income ratio can sink mortgage application

The Housing Market Is Improving, But There Still Aren’t Enough
Affordable Homes to Go Around

Humans make a house for sale feel more like home

Selling my daughter on homeownership

What To Expect From Housing In The Second Half Of 2014

Standards are Tighter, Sure. But is It Really That Hard to Get A
Mortgage?

What you should know …

*Equity home sales posted their highest level since the housing crisis began, reaching more than 90 percent of all home sales. Meanwhile, seasonal factors, combined with shrinking affordability cooled pending home sales in June, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.).

*Equity sales have been rising steadily again since the beginning of this year. June marks a full year that equity sales have been more than 80 percent of total sales and the first time they have risen above 90 percent. Equity sales made up 79.7 percent of sales in June 2013.

*Twenty-three of the 41 reported counties showed a month-to-month decrease in the share of distressed sales, with 17 of the counties recording in the single-digits, including Alameda, Butte, Contra Costa, Marin, San Diego, San Luis Obispo, San Mateo, and Santa Clara counties — all of which registered a share of five percent or less.

Beyond_the_Headlines_7-24-14

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

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

(English/Spanish)
626-538-5116

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626-226-7862

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