Home Sales Activity in California Soar 65% »
Posted By altnrg 1 year, 1 month ago in NewsDespite the weak economy, it would seem that California has a relatively-hot housing market these days – thanks mainly to the foreclosure homes.
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Charlson1 year, 1 month ago
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Those who have money to invest or are solvent with their finances can find great bargains during the financial crisis. Of course many have painfully lost those homes and now have been added to the list of those who are poorer while the rich get richer. No matter what the circumstances our economy faces, the rich will continue to get richer and the poor, poorer, because the cards are all stacked in one direction - helping the rich accumulate greater wealth and hoping some of it trickles down. This hasn't worked and has been a failed policy since Reagan started this whole pi$$ on the poor attitude. What American citizens need are not crumbs from capitalism but a level playing field. If the rich gets a bailout then the poor deserves one too. Conversely, if the poor doesn't get a bailout neither should the rich.
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altnrg1 year, 1 month ago
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Investors has their part of contribution to the economy and many times they can catalyze processes. Many times people will say the rich get richer but without the rich everything would be stuck. I want that the rich will prosper and create more jobs to the working class, this way the rich get richer and the poor improve their situation as well.
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paramale1 year, 1 month ago
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I moved from San Francisco to the Democratic stronghold of Southwest Fla, because since I am already disabled and not working, I needed to make sure that my private long term disability payments (which end in 13 years) paid for house in full before my private pension stopped. So, I moved to Fla, got a nice condo for 220K which is now worth about 180K.
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However, it does not surprise me at all that the housing in California is rebounding. It IS a state where millions of people have always wanted to live, and its liberal attitude makes it a citizen friendly environment - though the culture there can either be friendly or it can be hard to make solid friends. All in all, I'm happier here, though it took me two years to get used to how ugly it is in comparison to California. -
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rajaash1 year, 1 month ago
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real estate services now booming in the world.plots,flats also they are sell the very cheap to client.
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http://www.alpestates.org -
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robertsanchez7189 months, 3 weeks ago
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Home sales are dropping in Southern California. For the fourth month in a row, home sales have continued top drop, according to data for March. At the same time, the median price for a home in Southern California, has climbed above the $500,000 mark. This is a divergence of trends. In the last several years home sales were robust and increasing and so were home prices. Now home sales have slowed but prices are still inching upward in many areas.
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Home values in Los Angeles, Orange, Riverside, San Diego and Ventura counties, increased 14% over one year ago. Homeowners should not expect that rate of appreciation for the current year. In March the number of home sales fell almost 10%. Sales activity is related to price activity. The fact that we are seeing a continuing series of months with declining sales activity is an indicator that price activity is soon to follow. The current rate of home value appreciation cannot be sustained in a climate of falling home sales. In Southern California the sales activity and the rate of price increases reached a peak two years ago. In the current environment we are likely to see home values rising at a much slower pace or even approaching 0.
http://www.hwholesale.com
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