California Bay Area home sales hit 5-year high

Some purchased homes not damaged. According to Compass Bay Area transaction data. but not so much in hillside properties in fire-zone areas.” California continued to be hit by intense and deadly.

BofA completes more short sales than REO for last 18 months High-risk FHA loans push mortgage risk index up in May Bibb can remember a time when FHA loans made up 30 percent of National. expense it takes to make an FHA loan. Separately, the Department of Housing and Urban Development, which oversees FHA, may.Some regional and local banks will finance 16-18 months after a short sale, but the interest rate will more than likely be higher than one of the national chains, and this is based on their specific under writing guidelines. These are just a few of the common myths surrounding short sales and foreclosure.

Those two counties also had California’s fastest pace of sales, with homes selling in a median eight days in Santa Clara County and 10 days in San Mateo County. Despite tight supply conditions, Bay area home sales increased by 7.1 percent from one year earlier in February, with every county except San Francisco registering gains.

That's a 59 percent rise over sales the year before and a whopping 101 percent. 5 million by 2050, much of that driven by its higher-than-average birthrate.. Salt Lake County's median single-family home price hit $340,000 as of. far more home in Utah than it does in California's San francisco bay area.

Fed minutes: “Housing sector generally remained slow” Minutes of the federal open market committee. December 16-17, 2014. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, December 16, 2014, at 1:00 p.m. and continued on Wednesday, December 17, 2014, at 9:00 a.m.

Home sales in California drop to 4-year August low – kcra.com – In the nine-county San Francisco Bay Area, home sales in August dipped 10.6 percent from a month earlier and 12 percent from August of last year, while the median price was $607,000 – down 1.6.

California's housing market is one of the most expensive in the nation, with a. according to the latest data from the National Association of Realtors.. Last year , California migrants sold their homes for an average of $495,500, Karen Francis and her husband left the San Francisco Bay area in January.

Home sales at 16-year high / Bay Area prices keep breaking. – Home sales at 16-year high / Bay Area prices keep breaking records — median hits $545,000 Bay Area home buyers went on a binge in June, pushing prices and sales counts — not to mention monthly.

Last month, California’s Bay Area home sales were the slowest for a December in six years – the result of a constrained supply of homes for sale, according to a report by DataQuick. Prices continued to rise on a year-over-year basis, although at a slower pace than earlier in 2013, DataQuick reports.

The median sales price for a single-family home in the nine-county Bay Area climbed to $1,088,000, up by 16.4 percent from May 2017, marking the second straight month the region hit a new peak. Home prices rose on an annual basis in all nine counties, ranging from 18.9 percent in Alameda County to 4.3 percent in Napa County.

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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.