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By Kerri Panchuk Improved employment figures and record home affordability levels could spawn a minor housing recovery this year, analyst Mark Fleming said Wednesday in the "CoreLogic MarketPulse ...
Mid-year: A total of 1,045,801 properties received foreclosure notices during the first half of the year, a two percent increase over the previous six months, but down 11 percent from the same period in 2011. 0.79 percent of all households were in some stage of foreclosure during the first half of 2012. [105] Year-end: A total of 1,836,634 ...
Here's a look back at 2012's major developments in residential real estate -- along with insight on what lies ahead for the housing market in 2013. %Gallery-173886% Show comments
From 2012 to 2017 statewide, for every five new residents, one new housing unit was constructed. In California's coastal urban areas, (where the majority of job growth has occurred since the Great Recession), the disparity is greater: in the Bay Area, seven times as many jobs were created as housing units. By 2017, this resulted in the median ...
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House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [ 78 ] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...
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Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.