San Gabriel Valley Real Estate

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Waiting to Buy a Home Could Cost Tens of Thousands

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Solid housing market continues as California pending home sales dial higher from year ago for fifth straight month

State bill proposes fee to deal with affordable housing issue

2015 SCE Housing Survey Shows Optimism about Housing Market

Housing Bubble? Despite Rising Prices, Most Economists Still Say No

Fewer Homes for Sale Makes U.S. Housing Recovery Painstaking

The Deep Roots of America’s Housing Affordability Crisis Waiting to buy a home could cost tens of thousands

What you should know …

 Sales of new, single-family homes rose 6.8 percent in April compared with March to a rate of 484,000, and 26.1 percent compared with April 2014’s estimate of 410,000, according to a report by HUD and the Census Bureau.

 The median sales price of new houses sold in April 2015 was $297,300; the average sales price was $341,500.

 The seasonally adjusted estimate of new houses for sale at the end of April was 205,000. This represents a supply of 4.8 months at the current sales rate.


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This entry was posted on May 28, 2015 by and tagged , , , , , , .

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Contact Us!

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



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