Friday, June 1, 2012

California home prices

  • Home prices in Southern California climbed last month from a year earlier for the first time in 16 months as sales of distressed properties, which usually sell at a discount, dropped to the lowest level in four years.
  • (Bloomberg)
  • hometown has a limited supply of real estate available for its newly minted millionaires as sellers await further price gains in a market buoyed by growing wealth from technology businesses.
  • (Bloomberg)
  • For the second installment in 2012s Southern California Close-Ups Youll want to pause for pizza and beer at the Blind Lady Ale House (3416 Adams Ave., San Diego).
  • (Los Angeles Times)
  • In a speech on a factory floor here that mixed familiar proposals with a new sense of foreboding about the coming months, Mr.
  • (New York Times)
  • the 7,100-square-foot house includes four bedrooms, six bathrooms and a swimming pool. A new guest house, deck and other features have been added, and the asking price is now $11.5 million.
  • (San Jose Mercury News)
  • SAN DIEGO—Southern California home prices increased in April as the supply of properties for sale—especially low-cost homes in foreclosure—remained tight, a research firm said Wednesday.
  • (San Jose Mercury News)
  • Despite its small number of theaters -- only four in Southern California -- the ArcLight has helped redefine the theater-going experience since its founding a decade ago by Pacific Theatres.
  • (Los Angeles Times)
  • For sure, nobody cut taxes in California. Or improved schools or infrastructure. Or made the state any friendlier for businesses. And recent job creation has been modest. So Ive got to guess that real estate is a key factor.
  • (msnbc.com)

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