Tag Archive for: economy

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Speculators… the harder they fall

This is a good article posted by Carrie B. Reyes | October 29. 2014 On Firsttuesday Journal. Absentee homebuyers consist of 23% of the market, as of Q3 2014. This is down from the January 2014 peak, when they made up 32% of all homebuyers.…

Pending Sales Highest Since 2006

Southern California home sales held at a seven-year high last month thanks to a stronger economy, pent-up demand, low mortgage rates and the widening perception that a home is a good investment. Prices continued to regain lost territory as buyers…

I am doing just fine “thank you” but the Market has Shifted

I am doing just fine thank you but the market has shifted since last year. The market is experiencing low housing inventories which are half of what they were last year putting upward pressure on prices.  Allot of it is from super low interest…