Southern California appreciation rates rebounded in October, hitting the highest levels since last spring, according to the CoreLogic Home Price Index released last Tuesday, Dec. 3. The CoreLogic HPI–which compares each house’s sales price with its previous sales price–shows single-family home values up 3.4% in the Inland Empire in the year ending in October, the […]
Spring: Home Sales Rebound
Following two consecutive months of declines, existing-home sales rebounded 3% in February month over month and reached a seasonally adjusted annual rate of 5.54 million, the National Association of REALTORS® reported last week. Sales of existing homes, which include single-family homes, townhomes, condos, and co-ops, are now 1.1% higher than a year ago. “A big jump […]