I hope everyone has enjoyed the HOT Summer months. The real estate market is hot also. To help keep everyone informed, I am posting monthly updates on the front page of my web site . I hope this will help give everyone the opportunity to learn more about the real estate market place. The latest indications are, a rise in prices of home sales. If you were thinking of buying now is the time. Please enjoy my newsletter.
p.s. any comments on the news items on front page of my website will be appriciated. Any ideas also——
Latest CAR update
Price in California Up for 2 Months in a Row
The California median home price posts year-to-year increases in March and April of 2012, as supply conditions tightened up across all price range.
Prices Beginning to Turn Heads
The statewide median price was at $308,050 in April of this year, up almost 5 percent over last April. It was the first time the median price was above the
$300,000 mark in nearly a year and a half (since Dec
2010). Prior to March, we had seen 16 months straight of year-over-year declines in the median price. However, in March and April the California housing market bucked that trend as constrained inventory levels put upward pressure on prices across the board. The median price in April was the highest since Sept 2010 and was 26 percent above the cyclical bottom of $245,230 back in Feb.
Here is a link to my “September Real Estate Update”:
This Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
This month’s issue includes topics such as:
“Confident Home Buying: Is This The House For Me?”; “Five Areas That Can Hurt Your Appraisal”; “Considerations Regarding Passing Real Estate Assets to the Next Generation”; “Home Improvements That Sell”; “The Easiest and Cheapest Way to Stage Your Home to Sell”;
Plus a roundup of August real estate activity as well as much more advice and information.
I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too!
If you do not wish to receive this Newsletter each month, please reply to this e-mail with the word ‘REMOVE’ in the subject line.
Sincerely, Diane Broussard