Saturday, October 29, 2005

Real Estate News for Saturday, October 29th, 2005

Hi everyone! Sorry for the late post today, I had so many things to do and not enough time to do them! So let's get started...

Reality Check On the Bubble. The housing streak rests on solid fundamentals: plentiful jobs, new immigrants and rising incomes among the well-to-do and older boomers. It ain't over 'til it's over. Home buyers keep hitting real estate out of the park. The prices of existing homes rose in August at the fastest pace in a quarter century. New construction, sales of newly built homes and applications for new mortgage loans are running, routinely, at stratospheric levels. The Gulf Coast's horrific hurricane losses will scramble the numbers for a few months, but the national passion for real estate hasn't cooled. Click here for more.

Does the real-estate 'bubble' concept hold air? It's not clear who will end up being right about housing prices, but the industry has already landed one victory by muddying the linguistic waters. Click here for more.

Revealed! Secrets of top real estate producers. Hard work, organization among the keys. Spends most time with sellers. Top producing residential Realtors rely on a mix of hard work, dedication to client satisfaction, and consistent marketing efforts to stay at the top, according to a survey released Friday by the California Association of Realtors. Click here to read what the survey says.

Solano County remains the most affordable of the nine county Bay Area when it comes to home prices, according to figures released recently by a real estate information service. The median price for a home sold in Solano County in September was $481,000 according to DataQuick Information Systems. That marks an increase of 21.1 percent over the median price during the same month last year, when the average home in Solano sold for $394,000. Click here to read more.

~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

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