A new report by Kenneth R. Harney in www.latimes.com delivers some positive news about the real estate industry: that home equity is growing. After hitting a low of $6.45 trillion in the final quarter of 2011, Americans’ combined home equity jumped 20% during the next nine months to $7.71 trillion. In sum, home equity is […]
Tag: Home Prices
According to a recent report by Scott Schang on www.car.org, the California real estate industry maintained significant momentum throughout 2012, but the diminished inventory created something of a frenzy in demand. The California Association of REALTORS® (C.A.R.) reported a supply of available of homes at slightly more than three months, less than half the normal […]