Orange County home pricing took an unexpected turn up in June, as homebuyers paid a median selling price of $445,000 — highest for the year (and since September) and back to the year-ago level.
By DataQuick’s math, home selling prices have risen 9% in 2011.
Those June shoppers were a small flock, though: 2,947 deals for Orange County residences completed — down 14% in a year and the slowest June in 3 years.
A year ago, (more…)
Here are two headlines that appeared in print within this month:
LA Times: Case-Shiller Home Price Index Hits New Low
Forex: CoreLogic: Home Price Index Increased 0.7%
In the Los Angeles Times story, David Blitzer, chairman of the S&P index committee, was quoted as saying: (more…)
Collier County, Florida — Have you heard the one about a homeowner foreclosing on a bank?
Well, it has happened in Florida and involves a North Carolina based bank.
Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff’s deputies foreclose on the bank. (more…)
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