Real estate market trends: news and what may affect the real estate market
Many people worry that locally, the real estate is going through another “bubble” of high prices that won’t continue. A simplified view of the economic downturn in 2008 is that it was the result of: a government policy which tried to expand home ownership to people who could not otherwise afford to own a home, and
Is 2013 A Real Estate Bubble? Read More »
The S&P/Case-Shiller San Francisco Home Price Index released Sept 24, 2013 covering sales up to July shows a 2.23% one month rise and a 24.81% twelve month rise. The index value of 176.87 is still well below the peak of about 220 reached in 2006. All 20 cities in the 20-City Composite have shown monthly
Case Shiller San Francisco Home Price Index Read More »
DQNews posted a summary and numbers on Feb 6, 2013 discussing that the number of homes purchased without financing is at a record high. “Cash purchases accounted for a record 32.4 percent of California’s overall home sales last year, up from 30.4 percent in 2011 and more than double the annual average of 15.6 percent
Record Number of Homes Bought With Cash in 2012 Read More »
The S&P Case-Shiller housing index shows nationwide home prices have climbed 3.6% year over year. In the third quarter the index climbed 2.2% over the second quarter of 2012. The increased real estate prices we’ve seen locally are much stronger than the nationwide index but housing prices are climbing nationwide. “Home prices rose in the
Case-Shiller Index – Prices Up 3.6% year over year Read More »
Main stream financial news is reporting large numbers of investors taking income gains this year to avoid the likely higher taxes next year. Stocks with high dividends are less popular because of the higher taxes dividends will be subject to. http://finance.yahoo.com/news/investors-rush-beat-threat-higher-015536775.html Appreciation on real estate is not taxed until it is sold. Generally there are
Tax Changes Could Push House Prices Higher Read More »
