Archive for January 10, 2013

‘Shadow Inventory’ Continues Shrinking

Foreclosures are slowly giving way to short sales. The housing market’s ”shadow inventory” continues to shrink in California and across the country as the economy gradually improves and homeowners are increasingly given a chance to sel...

Read more

Optimism Growing Among State’s Homebuyers

Homebuyers are increasingly optimistic about the housing market, according to a recent survey by the California Association of Realtors. More California homebuyers believe home prices will rise over the coming decade, with 25 percent of thos...

Read more

Washington’s Budget Deal Spares Housing

At the last minute, Congress stepped back from the fiscal cliff. Homeowners can breathe a sigh of relief now that Congress has resolved contentious budget negotiations without eliminating several tax provisions favoring the housing market. ...

Read more

Rising Prices, Bidding Wars and Recovery: A Last Look at a Busy Year in Bay Area Real Estate

Homebuyers outnumbered sellers in 2012. The new year dawns with bright prospects for an active and successful year in Bay Area real estate. But 2013 comes after an awkward year of recovery. Buyers, champing at the bit after a half-decade of...

Read more