Here are your May 2013 MLS Stats http://www.sacrealtor.org/documents/about/statistics/may2013.pdf If you would like more information on how you too may work with the Scott Ivey Real Estate Team, please contact us today. You can reach Scott Ivey by calling (916) 283-7959 or email Scott personally at scott@scottivey.net [...]
U.S. home prices up 9.3% in February
U.S. home prices up 9.3% in February (via The Star-News) WASHINGTON | U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes. Facts Mixed results locally The average [...]
Housing rebound is facing obstacle: Too few homes
Housing rebound is facing obstacle: Too few homes (via The Dispatch) Beth Heinen Bell and her husband, Christian, are sick of renting. They want more space. They’d like to host friends for dinner. And now, having seen the real estate market start to rebound, they want to turn housing payments into long-term equity. So after [...]
Home Ownership Rate Drops to Lowest Point in 18 Years
The U.S. home ownership rate has fallen to its lowest point since 1995, the Census Bureau reports. The home ownership rate dropped to 65 percent in the first quarter, down slightly from 65.4 percent a year earlier. Housing analysts say tight credit conditions, constrained inventories of for-sale homes, and an increase in single-family rental homes [...]
Industry Experts Predict Price Growth into 2017
By Tory Barringer If projections hold out, home values will rise 22 percent cumulatively by the end of 2017, according to Zillow’s first-quarter Home Price Expectations Survey. For its report, Zillow and Pulsenomics surveyed a nationwide panel of 118 economists, real estate experts, and investment and market strategists to get their thoughts on future home [...]
Economic Highlights Week In Review, Ending November 9, 2012
Economic Highlights for the WeekEnding November 9, 2012 MONDAY, November 5th The ISM non-manufacturing survey slipped to 54.2% in October from a reading of 55.1% in September. It appears that activity in the services, construction and government sectors of the economy continued to expand at a moderate pace last month. The decline in the index [...]

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