San Lorenzo Valley Home Prices and Sales – 2012 The real estate market in the San Lorenzo Valley turned in a solid performance for 2012, with an average home sales price of $338,238, up 5% on average for the year. The key factor affecting home sales right now is a lack of inventory – the…
Home Sales rose again nationally, showing the 3rd gain in the last 4 months, while inventory shrinks The average home price in the Western Region fell just 2% year over year. The median price of a single family home across the nation was $154,400, down 2.6% from January 2011. Inventory,…
Unemployment falls to 2008 level As more people find jobs, consumer confidence will increase. Employment, in my opinion, is one of the key factors that can lend strength to the housing market, so I’ve been watching this closely. While I don’t see any point in talking about weekly numbers announced, the four week moving average…
