San Gabriel Valley Real Estate

From East to West Reeds Are The Best!

Millennials haven’t written off homeownership

Millennials haven’t written off homeownership

Why Do People Move: Jobs or Housing?

The Top 10 U.S. States Where Chinese Are Investing in Real Estate

Invitation to Attend Berkeley’s Symposium: Real Estate and the Economy – Past, Present, and the Future
Apartments lead U.S. housing starts

Study: Fewer Marriages Result in Slow Housing Recovery

Relaxed mortgage regs could free up credit

What you should know …

 California home sales remained steady in September, as home price gains eased back from an
unusually high increase in August, according to the CALIFORNIA ASSOCIATION OF
REALTORS®.
 Closed escrow sales of existing, single-family detached homes in California totaled a seasonally
adjusted annualized rate of 396,440 units in September, according to information collected by
C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. Sales in
September inched up 0.4 percent from a revised 394,700 in August and were down 4.2 percent
from 413,850 in September 2013. September marked the 11th straight month that sales were
below the 400,000 level and the 14th straight month that sales have declined on a year-over-year
basis.
 The median price of an existing, single-family detached California home fell 4 percent from
August’s median price of $480,280 to $460,940 in September but was up 7.6 percent from the
revised $428,290 recorded in September 2013. The statewide median home price has been higher
on a year-over-year basis for more than two years.
Beyond_the_Headlines_10-23-14

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

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Contact Us!

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

(English/Spanish)
626-538-5116

(English/Chinese)
626-226-7862

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