Ray's Blog

A table listing housing starts by type and by metro area is available on the CBIA Web site. Need a local contact? See our list of local BIA/HBA media contacts in your area.   SACRAMENTO - Total housing starts in California in May increased by a little over 2 percent compared to April's level, the...

Phoenix has become the nation's fifth most populous city, according to U.S. Census Bureau population estimates released today. As of July 1, 2006, this desert metropolis had a population of 1.5 million.      New York continued to be the nation's most populous city, with 8.2 million residents. Thi...

Real estate markets are slowing. Interest rates are ticking up. And the phones are ringing at ByDesign, a Los Angeles-based credit counselor, as homeowners start to panic about not being able to make their mortgage payments."The number of people asking for appointments to talk about foreclosure i...

WASHINGTON, June 01, 2007 -  per NAR A forward-looking indicator based on pending home sales shows the housing market could edge down but appears to be in the process of leveling out, according to the National Association of Realtors®.The Pending Home Sales Index*, based on contracts signed in Ap...

LOS ANGELES (May 25) - Home sales decreased 27.8 percent in April in California compared with the same period a year ago, while the median price of an existing home increased 6.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today."April sales fell in part because of tighter ...

A table listing housing starts by type and by metro area is available on the CBIA Web site. Need a local contact? See our list of local BIA/HBA media contacts in your area.   SACRAMENTO - Total housing starts in California in April dipped well below production levels in March, falling 24 percent,...

Case moving forward to discovery and litigation phasesLOS ANGELES (May 23) - The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today announced that the Court of Appeal, Fourth Appellate District, Division One has again ruled in favor of C.A.R. in its malicious prosecution complaint against attorne...

LOS ANGELES (May 17) The percentage of households who could afford to buy an entry-level home in California stood at 25 percent in the first quarter of 2007, compared with 26 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C...

Foreclosure Filings Still Up 62 Percent From April 2006 IRVINE, Calif. - May 15, 2007 - RealtyTrac®, today released its April 2007 U.S. Foreclosure Market Report, which shows a total of 147,708 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported duri...

McLean, VA - Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 6.17 percent with an average 0.5 point for the week ending April 19, 2007, down from last week when it averaged 6.22 percent. Last ...