Real Estate
Case-Shiller Data on California Cities
I noted with interest the year over year price changes for the three California cities on the Case-Shiller price data list. Here are the one year price changes through February of 2010. Los Angeles: +5.31% San Diego: +7.56% San Francisco: +11.86% The California market bottomed price-wise in April of 2009, so these numbers should continue [...]
The future for commercial real estate
This video is a little old but I found the content interesting. Especially the last minute. If these REIT companies can get their hands on distressed bank held commercial properties, they appear to be able to make some nice returns. One would assume that the banks see the same potential if they can hold on [...]
Surprising 2009 results for California real estate
Southland home sales up; median levels off. The California real estate market continues to exist under the dark clouds of increasing foreclosure, bank phantom inventory and growing unemployment. In spite of these factors, the state managed to produce some very positive results in the larger markets. Way back in the dark ages of 2008, pundits [...]
California home prices show year-over-year increase!
C.A.R. November sales and price report. This just in from the California Association of Realtors: Home sales in November were 4.7% higher than a year earlier and the median price was 5.8% higher. That’s right, the median price was almost 6% higher than 12 months earlier! Housing, especially in California still has a lot of [...]
Good news on Southern California home prices
Southland home sales up; median levels off. The October 2009 sales report for Southern California is all good news. The number of sales has now accomplished 16 straight months of year-over-year increases. The percentage of sale of foreclosure properties is dropping, allowing the median sale prices to increase. The median price per square foot has [...]
