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Real Estate Articles (2016)

California pending home sales slow in November

Wednesday, December 28, 2016
Pending home sales in November dropped from both the previous month and year, indicating past robust sales will likely not be repeated in the months ahead, according to the California Association of Realtors.
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Realtor charitable foundation presents $93,000 in grants, donations, scholarships in 2016

Wednesday, December 28, 2016
The Silicon Valley Realtors Charitable Foundation donated $93,000 in 2016 to non-profit organizations that help the homeless and low-income individuals and families in Silicon Valley. Funds this year also went to scholarships for graduating seniors from public high schools in the region.
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Realtors create veterans scholarship endowment to honor Los Gatos Realtor

Wednesday, December 21, 2016
The Silicon Valley Realtors Charitable Foundation, the charitable arm of the Silicon Valley Association of Realtors, has created a scholarship endowment for student veterans at Foothill and De Anza Colleges. "The John Tripp-Silicon Valley REALTORS® Veterans Scholarship Endowment" was formally presented to officials of both colleges last week
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November home sales, median price up from a year ago

Wednesday, December 21, 2016
California home sales in November were higher year-over-year, with every major region of the state posting double-digit annual sales increases. The California Association of Realtors points to the new mortgage industry regulations delaying some escrow closings last year and the anticipation of high interest rates in December as likely reasons for higher November home sales compared to a year ago.
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Not all real estate agents are Realtors

Wednesday, December 14, 2016
With stronger economic and wage growth expected next year, 2017 would be a golden opportunity for people with secure jobs and good credit who want to achieve the American dream of homeownership.
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Realtor website forecasts moderate growth in 2017 housing market

Wednesday, December 14, 2016
The 2017 housing market will see moderate growth in the nation's housing market, but slower housing gains compared to the last two years. Interest rates are expected to rise due to higher expectations for inflation, according to realtor.com's 2017 housing forecast. The official site of the National Association of Realtors expects the homeownership rate will stabilize at 63.5 percent after bottoming at 62.9 percent in 2016 and next year will see a changing buyer demographics.
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Local Realtors continue longtime tradition of passing the gavel

Wednesday, December 7, 2016
Members of the Silicon Valley Association of Realtors' Los Gatos/Saratoga district continue their longtime tradition of passing the gavel from past district chairs on to the district's incoming chair. On Nov. 30, the gavel was handed down to Mary Kay Groth, a Realtor with Sereno Group.
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Statewide pending home sales see modest increase in October

Wednesday, December 7, 2016
California pending home sales grew modestly in October from the previous year and were down from September, according to the California Association of Realtors' October pending home sales report. Realtors responding to the state Realtor association's October Markey Pulse Survey see the state's housing market is showing signs of cooling competition with fewer price reductions.
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