Tag Archives: Inventories

Home prices push past rising rates, says report

(Read more: Home values rise, but millions still drown in debt) Mortgage rates are about a full percentage point higher today than they were at the beginning of March. The average rate on the 30-year fixed hit 4.80 percent by … Continue reading

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Median Bay Area Home Prices Jump At Record Rates As Inventory Remains Tight

SAN FRANCISCO (CBS/AP) – The real estate tracking firm DataQuick said Thursday that the median price for homes in the nine-county San Francisco Bay area reached $555,000 in June, an increase of 6.9 percent over the previous month. The real … Continue reading

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Home Builders Slow New Construction, Raise Prices

(Read More: Home Builder Confidence Hits 7-Year High) “What are they so excited about?” asked Hunter. “That they have pricing power.” Housing completions fell 0.9 percent to an annualized rate of 690,000, well below demand. Underlying demand consists of new … Continue reading

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Case-Shiller: San Francisco Home Prices Rose Again in March, Climbing 22 …

<!– Home News Case-Shiller: San Francisco Home Prices Rose Again in March, Climbing 22% YOY –> By Brandon Cornett | Housing Market News June 14, 2013 | © 2013, All rights reserved <!– By Brandon Cornett | June 14, 2013 … Continue reading

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As Prices Rise, Banks Repossess More Homes

“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading

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