Category Archives: California Home Sales

Confidence in Value of Homeownership Persists…

April 16, 2011
By: cometrealty

Confidence in Value of Homeownership Persists through bust, survey shows.  By Alejandro Lazo, Los Angeles Times, April 12, 2011 The real estate bust appears to have done little to alter Americans’ confidence in the investment value of homeownership.  A robust 81% of adults said buying a home is the best long-term investment a person can make, according to a national survey by the Pew Research Center in Washington. “Owning a home is really a part of the American dream, and that is just part of…
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California Home Sales Rose in January 2011

February 19, 2011
By: cometrealty

California home sales rose in January, marking three consecutive monthly increases and posting their highest level since May 2010, according to data compiled from California Association of Realtors (C.A.R.).  “With lower home prices and rates edging up from their historic lows of late last year, prospective home buyers should consider the opportunities in today’s market,” said C.A.R. President Beth L. Peerce. California home sales rose 5.1 percent in January compared with December, to a revised pace of 520,080 units.  Sales also increased 2.5 percent in…
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