Tag Archives: Real Estate

Developers of multifamily housing remained optimistic during the end of last year. The multifamily production index was 54 during the fourth quarter of 2014, capping off three straight years of quarterly reports of 50 or above, according to data released Thursday by the National Association of Home Builders. The index …

Pending sales of single-family homes in California bounced back last month, posting gains both month-over-month and year-over-year. The number of pending sales rose 26.7 percent in January compared with December, according to data released Wednesday by the California Association of Realtors. That was well above the average 16.3 percent month-over-month …

A Newport Beach developer will build an industrial park in Eastvale that will cover about two million square feet. Summit Development Corp. will construct industrial buildings that will range from 75,000 to 300,000 square feet during the project’s first phase, according to a statement released earlier this month. The second …

Housing affordability improved modestly during the fourth quarter of last year, helped by slightly lower interest rates and lower home prices. Overall, 62.8 percent of all new and existing homes that were sold during the three months of 2014 nationwide were affordable to families earning the U.S. median income of …

January was a slow month for California’s housing market. An estimated 25,325 new and resold houses were sold statewide last month, a 30.6 percent drop compared with December and a two percent decline year-over-year, according to CoreLogic DataQuick, which released its monthly state housing report Wednesday. Historically, last month was …

Nationally, home builders still like where the housing market is headed. Confidence among builders of single-family homes fell two points to 55 this month, according to the National Association of Home Builders/Wells Fargo Housing Market Index, which was released Tuesday. That number has remained essentially unchanged during the past eight …