3 Articles match "California","Houses","Long Beach"

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Clash of Cultures at CAR Expo
LONG BEACH, Calif. — The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006 provided a somewhat unvarnished glimpse into how some Realtors are responding to real estate websites that are lifting the veil on home valuations and other previously hard-to-find real estate data. Dalton had just finished comparing online home valuations to parlor games and sarcastically suggested that maybe someone should look into the astrological consequences of house value. “I In short, some Realtors take offense at such sites, which they see as giving consumers a false belief that much of the research involved in a real estate transaction can be done without the help of a Realtor. “I
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting a soft landing and few were expecting prices to fall and sales to plunge.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • California Tops PMI's Risk Index
    Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
    LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting a soft landing and few were expecting prices to fall and sales to plunge.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Clash of Cultures at CAR Expo
    LONG BEACH, Calif. — The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006 provided a somewhat unvarnished glimpse into how some Realtors are responding to real estate websites that are lifting the veil on home valuations and other previously hard-to-find real estate data. Dalton had just finished comparing online home valuations to parlor games and sarcastically suggested that maybe someone should look into the astrological consequences of house value. “I In short, some Realtors take offense at such sites, which they see as giving consumers a false belief that much of the research involved in a real estate transaction can be done without the help of a Realtor. “I
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE