Distressed Sales Rise in California as Lenders Push Through REO Inventories and Short Sales

According to the California Association of Realtors (CAR), the California Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was higher than a year ago for the eighth straight month, a trend that bodes
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Falling Home Prices Making California a Move-To State Again

Texas may be holding on to the Magnet State title, but the Allied Van Lines’ 44th Annual Magnet States Report shows California regaining a strong a position on the inbound list after more than a decade on the outbound. For the seventh year in a row, Texas eclipsed every other st
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California Home Sales in August Uptick 8.6%, Median Price Now Highest in 2011

According to the California Association of Realtors (CAR), California home sales posted an increase from both the previous month and previous year in August, while the median home price rose to its highest level this year. Closed escrow sales of existing, single-family detached homes
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