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Record Annual Gain for Bay Area Median Home Sale Price; Sales Dip Again
La Jolla, CA. - July 22, 2013 - (RealEstateRama) -- The median price paid for a Bay Area home rose at its fastest pace on record in June, the result of disappearing distress sales, an improving economy, and mortgage rates that, while up off bottom, remain very low. The number of transactions fell as a slow-growing supply of homes for sale continued to fall short of demand and purchases by cash and investor buyers eased, a real estate information service reported
NYU Furman Center Quarterly Housing Report Finds Home Sales and Prices Up, Foreclosures Down...
New York, NY - July 17, 2012 - (RealEstateRama) -- According to the New York City Quarterly Housing Update (Q1 2012) released by NYU’s Furman Center for Real Estate and Urban Policy, home sales volume rose in the first quarter of 2012, with the number of transactions citywide up almost five percent. In Staten Island, home sales increased by more than 43 percent from the previous quarter, although transactions in the borough are down nearly 20 percent from the first quarter of 2011