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Posts Tagged ‘ California ’

California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

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California Bay Area Home Sales Decline 8% YoY in October, Inventory up 21% YoY

Here are some Bay Area stats from Pacific Union chief economist Selma Hepp: • Bay Area home sales dipped by 8 percent year over year in October; however, the 19 percent increase from September was the highest monthly increase between September and October going back to 1990. • Santa Clara County and East Bay...
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DataQuick: Southern California January Home Sales down 6% Year-over-year

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DataQuick: Southern California January Home Sales down 6% Year-over-year

From DataQuick: Southern California Home Sales Decline; Median Sale Price Still Up Year Over Year Home sales in January fell sharply from December, as they normally do, and dipped modestly from a year earlier, marking the 14th month in the last 16 to post a year-over-year sales decline. … A total of 13,560 new...
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DataQuick: “California Foreclosure Starts Lowest Since 2005″

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DataQuick: “California Foreclosure Starts Lowest Since 2005″

From DataQuick: California Foreclosure Starts Lowest Since 2005 A total of 17,524 Notices of Default (NoDs) were recorded at county recorders offices during the April-through-June period. That was down 8.8 percent from 19,215 in the prior quarter, and down 31.9 percent from 25,747 in second-quarter 2013, according to DataQuick, which is owned by Irvine-based...
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DataQuick on California Bay Area: April Home Sales down slightly Year-over-year, Non-Distressed sales up 15% Year-over-year

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DataQuick on California Bay Area: April Home Sales down slightly Year-over-year, Non-Distressed sales up 15% Year-over-year

From DataQuick: Bay Area Home Prices Continue to Rise; Sales Up from March, Flat Yr/Yr A total of 7,555 new and resale houses and condos were sold in the nine-county Bay Area last month. That was up 19.8 percent from 6,308 in March and down 0.9 percent from 7,621 in April a year ago,...
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Report: U.S. Foreclosure Starts Decline in January due to new California Law

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Report: U.S. Foreclosure Starts Decline in January due to new California Law

From RealtyTrac: U.S. Foreclosure Starts Fall to Six-Year Low in January RealtyTrac® … today released its U.S. Foreclosure Market Report™ for January 2013, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 150,864 U.S. properties in January, a decrease of 7 percent from the previous month and...
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Gasoline Prices surge in California due to Refinery Problems

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Gasoline Prices surge in California due to Refinery Problems

Earlier on employment: • September Employment Report: 114,000 Jobs, 7.8% Unemployment Rate • Employment: Somewhat Better (also more graphs) • All Employment Graphs Last night I mentioned the soaring gasoline prices in California, here is an update from the LA Times: California facing new record high for gasoline prices The average price for a...
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Foreclosure Report: California “Homebuyers should brace themselves for significantly less inventory next year”

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Foreclosure Report: California “Homebuyers should brace themselves for significantly less inventory next year”

Two foreclosure reports: one national predicting an increase in distressed sales; the other regional (west) predicting less foreclosure inventory. Both could be correct … (Update: the reports have conflicting data for California – on that one is probably wrong!) RealtyTrac released their midyear foreclosure report this morning: 1 Million Properties With Foreclosure Filings in...
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California AG: Mortgage settlement ‘inadequate’

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California AG: Mortgage settlement ‘inadequate’

From Alejandro Lazo at the LA Times: California calls -billion mortgage settlement ‘inadequate’ Calif. Atty. Gen. Kamala D. Harris’ office has called a proposed -billion settlement with the nation’s mortgage industry “inadequate.” “We’ve reviewed the details of the latest settlement proposal from the banks, and we believe it is inadequate for California,” Shum Preston,...
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DataQuick: California Mortgage Defaults Rise in Third Quarter

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DataQuick: California Mortgage Defaults Rise in Third Quarter

Click on graph for larger image in new window. This graph shows the Notices of Default (NOD) by year through 2009, and for the first three quarters of 2010, in California from DataQuick. Although the pace of filings has slowed from the previous two years, it is still very high by historical standards. From...
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California home sales down 14% from last year: DataQuick

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California home sales down 14% from last year: DataQuick

There were 34,239 new and existing homes and condos sold in California in August, down 14% from last year, according to MDA DataQuick, a San Diego-based real estate data provider. Home sales were 2.7% from July as well. The median price paid for a California home in August reached 0,000, up 4.4% from last...
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