Home sales fall in California

High prices are hitting the Southern California housing market hard, the past three months, making the decline in sales even more surprising.

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US New Home Sales Fall Unexpectedly to 5-Month Low Sales of new single-family houses in the United States dropped 7.8 percent from the previous month to a seasonally adjusted annual rate of 626 thousand in May 2019, while markets had forecast a 1.9 percent increase to 680 thousand.

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Sacramento and California home sales have hit a summer slump as buyers back away from high prices and mortgage interest rate hikes. similar sales drops happened in the Bay Area and Southern.

“Right now, these are all the sales I have,” Rivero said. Jessica Lermont, 23, planned to work from home Friday – until.

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Only about 20 people lined up Friday to get the new iPhone models at one of the three stores that Apple has in its base city of San Francisco, California. to bring in half the company’s income,

Zillow helps you find the newest California real estate listings. By analyzing information on thousands of single family homes for sale in California and across the United States, we calculate home values (zestimates) and the Zillow Home Value Price Index for California proper, its neighborhoods and surrounding areas.

Fitch sees 10% drop in home prices in 2011, negative outlook for MBS FHFA: Home prices continue climb The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index says that for August, 2016 home prices continued to rise across the country. The report showed a 5.3% annual gain in August, up from 5.0% last month. In addition, their 10-City Composite posted a 4.3% annual increase, up from 4.1% the previous month andRead MoreBlack Knight: Cash-out refis up 68% since 2Q 2014 New jersey real estate Report | Real Estate, Economics, and. – Black Knight: Cash-out refis up 68% since 2Q 2014. Cash-out refinances were up 68% year-over-year from the second quarter of 2014, as borrowers take advantage of still-low rates and newfound equity in their homes, according to Black Knight Financial Services. This is the highest volume of cash-out refinancing in five years, but still nearly 80%.

San Francisco bay area home Sales Fall 31.8 Percent in January from December 2016, Lowest Since February 2008 January 2017 Median Home Price $750,000, Up 2.7 Percent Y-o-Y

California home sales continue their year-over-year decline in 2019, 6% lower year-to-date (YTD) as of July. This continues a consistent decline in year-over-year sales volume that began in mid-2018.

The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in.

California home sales were down last month, plunging to the lowest level seen in January in seven years in the San Francisco Bay area, a research firm said Wednesday. But prices are still up over.