MY BLOG ChristianChristopher.com MY BLOG

Home sales and price post impressive April results, C.A.R. reports

(May 15) - California home sales and median price both jumped in April, with sales shooting up to their highest level in more than two years, and the median price rising above $300,000 for the first time in 16 months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

"A brighter economic picture, coupled with record-high housing affordability, pushed the spring home buying season off to a strong start," said C.A.R. President LeFrancis Arnold.  "With a continuing improving economy and interest rates declining to new record lows in recent weeks, we should see a steady improvement in the housing market throughout the end of the year."

Closed escrow sales of existing, single-family detached homes in California rose to a seasonally adjusted annualized rate of 555,300 units in April, according to information collected by C.A.R. from more than 90 local REALTOR associations and MLSs statewide. Sales in April were 10 percent higher than March's pace and 11 percent higher than in April 2011. The statewide sales figure represents what would be the total number of homes sold during 2012 if sales maintained the April pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

The statewide median price of an existing, single-family detached home climbed 5.7 percent in April to $308,050, up from March's revised $291,330 median price and 4.7 percent from a revised $294,140 recorded in April 2011. The median price rose above the $300,000 mark for the first time since December 2010. Click here to read the entire article...

Comments (0)     

Comments (0)     

Another one sold to a beautiful, deserving family!

Comments (0)     

SOLD - SOLD - SOLD - SOLD - SOLD - SOLD - SOLD
A big congratulations to the Miller family. I hope you make many happy memories in your NEW HOME! The American Dream is alive and well....

Comments (0)     

CLICK HERE FOR PROPERTY DETAILS
CLICK HERE FOR PROPERTY DETAILS
CLICK HERE FOR PROPERTY DETAILS
2802 Admiral Drive, Stockton CA, 95209


stockton real estate, stockton real estate for sale, stockton homes for sale

Comments (0)     

NEW YORK (CNNMoney) -- Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure. Click here for the whole story....

Comments (0)     

Real estate is not fast food. When choosing a Realtor, don't go to the "McDonalds" or "Walmart" of real estate companies. . For your real estate needs, make your selection as if you're choosing an attorney. Buying or selling a home is an immensely important undertaking. Mistakes can be very costly. When choosing a Realtor, take into consideration their education and background.

Comments (0)     

May 12th through May 13th 2012 throughout the day at the University of the Pacific. Click here for more information such as address, and specific hours.

Comments (0)     

As you can see, REO homes in Stockton for sale are selling within an average of 39 days. This is the quickest average selling time that we've seen in more than a year and a half. This is one indicator that demand is up, and we may see prices going up even further. Don't miss the boat.

Comments (0)     

5-11-2012
On Monday I get to do it again. What a feeling it is! In the past 10 days, I have had the pleasure of personally handing over keys to several families who are now home owners for the first time in their life.  One of the most gratifying thoughts that comes to mind as I place keys in the hands of a new homeowner is that these families have bought a home at the most perfect time in our current real estate cycle. Their payment will never go up. Even when rents, house prices, and interest rates rise in the coming years, these families will be thanking themselves that they put the brakes on their own rising housing costs by buying a home when prices and interest rates were exceedingly affordable. Later on, when people around them are seeing their rents double, and neighborhood homes are selling for double, these people will be able to say to themselves, "What a good decision I made.". What an accomplishment!

Comments (2)