real estate market trends

Record Number of Homes Bought With Cash in 2012

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 […]

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Case-Shiller Index – Prices Up 3.6% year over year

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

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