Monthly Archives: August 2013

Home sales suffer on higher rates: Realtors

The figures come on the heels of very weak sales of newly built homes in July, down 13 percent from June, according to the U.S. Census. Analysts blamed higher interest rates and some expected existing home sales to fall even … Continue reading

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As investors shift, housing is the new stock market

Another large-scale investor, Aaron Edelheit, CEO of Atlanta-based The American Home, has a different take on the slowdown in investor demand. “Last year, the amount of institutional investors activity exploded. What you’re seeing now is the natural digestion of that … Continue reading

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Bay Area rental pendulum swings to condos

Some condominium complexes opened at the worst possible time – in the depths of the real estate downturn when home buyers were few and far between. They coped by becoming for-rent apartment buildings instead. But now, as the housing recovery … Continue reading

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Bay Area home prices, sales climb in July

With more Bay Area residents choosing to sell their homes, real estate sales in July hit their highest monthly volume in almost seven years, while the median price continued its surge, according to a real estate report released Thursday. A … Continue reading

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Bay Area Home Sales, Home Prices Climbing

SAN FRANCISCO (CBS SF) – If you’re planning on purchasing a home in the Bay Area soon, you may be up against steep competition. According to San Diego-based company DataQuick, house and condo sales throughout the Bay Area in July were the … Continue reading

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