Tuesday, December 10, 2013

WHY SHOULD YOU BUY NOW INSTEAD OF WAITING


Market Snapshot: Why should you buy now instead of waiting? 
The year 2013 can be categorized by a significant turnaround in the housing market across the nation. While lack of homes available for sale constrained home sales in many markets across California, it contributed to a substantial increase in home prices. Existing single family sales for 2013 are predicted to fall 2.1 percent short of 2012 sales, yet median home prices are expected to show a 28 percent improvement over 2012-- with the median reaching $408,600.
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Monday, December 9, 2013

The Future of Housing Finance

Executive Report: The Future of Housing Finance
C.A.R.’s new Thought Leadership Program has released its second executive report titled, “The Future of Housing Finance: Economic and Policy Insights.” This report presents the findings of a high-level roundtable that C.A.R recently convened featuring experts at the top of their field in economics and finance.

The panelists, which included professors Janice Eberly, Edward Leamer, Richard Green, and David Min,  discussed real estate market conditions, mortgage finance, housing policy, and the financial recovery. C.A.R. CEO Joel Singer moderated this private roundtable discussion.
Read the report
Randy E. Guth                                                  
1450 University Ave. Suite F2 Riverside, CA 92507 Ph 951-300-1010 Fax 951-300-1021 Cell 951-347-9773 Rguth@exitgmw.com
For a short video on the EXIT story please go to www.ExitRealty.com <http://www.exitrealty.com/> and click 'Up Close and Personal with EXIT'

Friday, December 6, 2013

New Home Sale Surge in October


New home sales surge in October
The Commerce Department is reporting that sales of newly built single-family houses rose 25.4 percent from September to a seasonally adjusted annual rate of 444,000. Sales are up 21.6 percent in comparison to October 2012.
Read the full story

Randy E. Guth                                                  
1450 University Ave. Suite F2 Riverside, CA 92507 Ph 951-300-1010 Fax 951-300-1021 Cell 951-347-9773 Rguth@exitgmw.com
For a short video on the EXIT story please go to www.ExitRealty.com <http://www.exitrealty.com/> and click 'Up Close and Personal with EXIT'