A real estate analyst says the California housing market "is definitely showing signs of cooling down, but it's still healthy." The statewide rate of housing price growth narrowed last month to the lowest level in two years. That's according to the real estate information service DataQuick. The median price of a California home jumped 14.9% to 454,000--the lowest annual rate of home appreciation since June 2003 when it was more than 23 percent. October's median price was down point-two percent from 455-thousand dollars in September. Home sales dipped slightly in last month. A total of 53-thousand-700 new and resale houses and condos were sold statewide, down one-point-one percent from October 2004 and nine-point-nine percent from September. Click here to read more.
Shot realty agent upgraded to "stable." Two men charged in connection with shooting. The medical condition of a new real estate agent who was shot while prospecting near his home after ending a 10-year military career just days earlier has been upgraded from "critical" to "stable." Separately, two men have been charged in connection with the agent's shooting and a fund has been established to help cover the cost of his fast-rising hospital bills and meet related expenses for his wife and four children. Click here to read more.
Some Inland residents purchase or inherit their homes from family members, reaping the benefits of a great financial deal from relatives. Others are looking for the comfort and memories of their youth, even passing on their old bedrooms to their children. But people who seek to buy back their childhood home once it's out of the family are rare. And once they return home, these buyers have even found possessions left behind years earlier, from family mementos to antique appliances. 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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