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Blame uninspiring home sales on low inventory, CAR says

Lack of inventory, both affordable and overall, remains an issue for California homebuyers, and price continues to climb in response. For the second straight month, median home price grew above $500,000 while California home sales dropped annually, according to the California Association of Realtors' (CAR) statewide report...

From Brexit Wounds To Buying Panic (In Bonds & Stocks)

Record low bond yields, Brexit uncertainty, and the biggest crash in home sales in 6 years... BTFD you idiot!! But "we're halfway there..." Since the Brexit vote, UK's FTSE 100 is now positive and by far the world's best performing major...Show More Summary

Sportscaster Stu Nahan's longtime home in Studio City comes up for sale

8 hours agoHealth : Booster Shots

The home of the late Stu Nahan, the longtime Los Angeles sportscaster, has come up for sale in Studio City for $1.395 million. Marked by a white picket fence, the 1950s California ranch-style home sits on a quarter-acre of tree-filled grounds and has a swimming pool and spa. The 2,289 square feet...

Molly Ringwald's House From 'Sixteen Candles' Is For Sale

The Evanston home can be yours for a mere $1.49 million. [ more › ]

NAR Home Sales Data Shows Bubble II Still Boiling

The NAR released it May report on sales of existing housing–what it calls “Pending Home Sales.” The report covers actual sales contracts reached during the previous month. The NAR reports the data both on a seasonally manipulated (SA) basis and also on an actual basis, not seasonally manipulated (NSA). Show More Summary

NAR: Pending Home Sales Index decreased 3.7% in May, down 0.2% year-over-year

From the NAR: Pending Home Sales Skid in MayAfter steadily increasing for three straight months, pending home sales letup in May and declined year-over-year for the first time in almost two years, according to the National Association of Realtors®. Show More Summary

'Pawn Stars'' Big Hoss puts his Las Vegas home up for sale at $2.39 million

Here’s one item you won’t find at the Gold & Silver Pawn Shop: Reality television personality Corey Harrison, better known as “Big Hoss” on the History cable channel’s “Pawn Stars,” has put his home in Las Vegas up for sale at $2.39 million. Set behind gates on more than an acre, the seven-bedroom,...

Pending home sales drop for first time in nearly 2 years

New data from the National Association of Realtors, released this morning, says that May's pending home sales actually declined year-over-year for the first time in nearly two years. The reason? This competitive seller's market continues leaving inventory in a sad state....

Pending Home Sales Crash Most In 6 Years - 'Supply' Blamed

Following April's exuberant 6 year high bounce (revised lower from +5.1% to +3.9%), May saw pending home sales plunge 3.7% - the biggest drop since May 2010. Sales declined in all 4 regions (with a 4.2% plunge in Midwest to January lows). Show More Summary

Stocks Recover Half Brexit Losses... But Bonds Ain't Buying It

Dow futures are now 500 points off the post-Brexit lows, having retraced half the losses...despite the worst home sales in 6 years. Just one small problem, Treasury yields are plumbing new post-Brexit lows... Dow bounce... S&P bounce... But bonds ain't buying it... Trade accordingly.

Wednesday: Personal Income and Outlays, Pending Home Sales

NOTE: Fed Chair Yellen was scheduled to participate in a "Policy Panel" at the ECB Forum on Central Banking in Portugal on Wednesday. She has cancelled. Mark Carney, Governor of the Bank of England and Chairman of the G20's Financial...Show More Summary

Songwriter Josh Alexander puts his loft-style home in Venice up for sale

Songwriter and music producer Josh Alexander, who has collaborated with such artists as JoJo, Cee Lo Green and Demi Lovato, has put his live-work space in Venice up for sale at $2.195 million. Designed by Mark Mack and completed in 2003, the tri-level home has an industrial vibe with concrete block...

Nike's Revenue Falls Short Despite Strength Abroad

The athletic giant is leaning more on international customers for growth amid a sales slowdown at home.

Bill requiring 'tobacco-only' stores for cigarette sales snuffed out in committee

Updates on California politics: Legislative rules would change under November ballot measure, Rep. Janice Hahn brings home the gun violence sit-in June 28, 2016, 1:10 p.m. Welcome to Essential Politics, our daily feed on California government and politics news. Here's what we're watching: An initiative...

Sibling rivalry renewed: 2018 Audi A5 and S5 first drive review

Audi's A4 brings home the bacon for its U.S. sales arm, but there's no denying the stylish spin-offs that give the compact-car family its panache: the Audi A5 and S5. These Audi twins vie for attention at the dinner table. Between bites, the sleek A5 catches up on the #RichKidsOfInstagram hashtag. At the other end of the table sits the S5, flexing...

Case-Shiller Home Prices Rise At Slowest Pace In 8 Months As San Francisco Sales Slump

April was not a good month for home prices - despite hopeful signs from seasonally adjusted sales data. S&P Case-Shiller 20-City index rose just 0.45% MoM (well below expectations and March's 0.85% gain) - the weakest rise since Aug 2015. Show More Summary

An Australian house full of cat stuff is like living inside the internet

How much do you love cats?  If the daily deluge of cat GIFs and videos aren't enough for you, check out this Australian house currently up for sale. SEE ALSO: Adorable kitten upstages correspondent during news report The home in Adelaide's suburbs is covered with cat pictures, cat accessories and cat everything. Show More Summary

How Soon Can I Buy a House After a Foreclosure?

In my last article, we discussed how soon you can buy a home after a bankruptcy or short sale, and the standard time frames in which you must wait before re-applying for a home loan. Today we will go over deed-in-lieu of foreclosure and foreclosures, and your waiting periods in their wake. Show More Summary

Juwai.com Teams With US Digital Marketing Company for Builders

Chinese real estate website Juwai.com has signed a partnership with Builders Digital Experience (BDX) a provider of digital marketing and sales solutions for American home builders. The post Juwai.com Teams With US Digital Marketing Company for Builders appeared first on Property Portal Watch.

Online Shopping Forces Retailers to Rethink Inventory Strategy

Retailers are trying to figure out ways to profitably serve online shoppers while making their network of stores less of a financial burden. Home Depot, for example, is targeting sales growth of nearly 15% by 2018, but wants to keep inventory levels flat or slightly down.

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