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Tag Archives: Real Estate

Number of underwater homes shrinks

Inland Empire Business News August 18th, 2014.002

Nearly 255,000 mortgaged properties in the United States regained equity during the first quarter of this year, according to a report released Tuesday. Nationwide, the number of mortgaged residential properties at the end of the first quarter of this year totaled 44.9 million, or roughly 90 percent of all mortgaged …

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State home sales stay up

Inland Empire Business News April 5th.003

Seasonally adjusted single-family home sales topped 400,000 in May in California, their second-highest level in nearly two years. Sales of existing, single-family detached homes statewide totaled a seasonally adjusted 423,360 units last month, down 1.1 percent from April but up 8.9 percent compared with May 2014, according to data released …

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Builders like housing market

Inland Empire Business News 01-14-14.002

Home builders this month expressed strong confidence in the market for new, single-family homes. The National Association of Home Builders/Wells Fargo Housing Market Index, which was released Monday, rose to 59 this month, the highest the index has been since last September. The monthly survey, which is seasonally adjusted, measures …

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Home cash sales drop

Inland Empire Business News January, 2015.004

Cash sales in the national housing market declined again in March. Overall, 34.6 percent of the housing sales during the third month of the year were cash transactions, down from 39 percent in March 2014, according to a report released Thursday by CoreLogic in Irvine. The year-over-year percentage of cash-related …

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Foreclosures down considerably

Inland Empire News for April 13th.002

Foreclosures fell significantly across the country, in April, another sign that the housing market is returning to health. The foreclosure inventory dropped nearly 25 percent, and completed foreclosures dropped 19.8 percent between March and April of this year, according to data released Tuesday by CoreLogic in Irvine. Nationwide, there were …

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Distressed sales are down, nationally and locally

Inland Empire News for April 13th.002

Sales of distressed houses are down nationwide, another sign that the housing market is improving. Distressed sales accounted for 12.1 percent of all home sales nationwide in March, down 3.2 percent year-over-year and nearly two percent compared with the previous month, according to data released Monday by CoreLogic in Irvine. …

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