California posted its strongest homes sales for any August in seven years as price increases cooled, a research firm said Friday, a relief to buyers who have been competing over slim pickings.
Housing sales are booming in California as pent-up demand finds increased supply.
Southern California’s recovering housing market remains red-hot, with sales hitting an eight-year high for July.
Southern California home prices rose in May at the fastest annual clip in nearly nine years as investors and cash purchasers competed for a thin supply of properties for sale, a research firm said Tuesday.
Southern California home sales continued strong last month as investors snapped up mid- to high-end homes, though it was unclear whether the rebound will continue through the year, real estate research firm DataQuick reported Wednesday.
California home prices rose in September to a four-year high as the supply of properties for sale remained tight, according to surveys released Monday.
Southern California home prices hit a four-year high in August as buyers snapped up more expensive properties along the coast and sales of foreclosed properties kept drying up, a research firm reported Thursday.
Home sales in Los Angeles County jumped nearly 12 percent in June compared to a year ago, while prices rose by more than 2 percent, according to real estate firm DataQuick.
More people are buying homes as compared to a year ago, with a 25.3 percent jump in L.A. County properties, according to a real estate research group.
Southern California home prices increased in April as the supply of properties for sale — especially low-cost homes in foreclosure — remained tight, a research firm said Wednesday.
Home sales in Los Angeles County jumped by 6.6 percent in October, while prices dipped by 7.7 percent.
If you’re struggling to sell your home in Los Angeles, the economy may be to blame. A real estate tracking firm is reporting that sales of California homes slowed last month.
Mortgage default notices in California have dropped in the second quarter of 2011 to their lowest level in four years.
Southern California’s median home price fell more than 8 percent last month to $280,000 from May 2010, its largest year-to-year drop in 20 months.
A real estate tracking firm says home sales continued to plunge in California last month but foreclosures made up a smaller segment of the market.