Items Tagged with 'Riverside, California'

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  • Zillow to begin buying houses in California, North Carolina

    Expands direct buyer business to Riverside, California and Charlotte, North Carolina
    It seems to be all about expansion these days for Zillow. The online real estate giant recently got into the mortgage business with its acquisition of Mortgage Lenders of America. Zillow has also been growing its direct buyer business, Zillow Offers, wherein the company is buying houses directly from sellers then lists the home for sale. And the company will soon be buying houses in California and North Carolina.
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  • Inland Foreclosure Sales Drive Calif. Housing: Report

    If December's data is any indication, investors purchasing distressed properties in the inland areas within California now make up the lion's share of Southern California's real estate market, while new home sales elsewhere continued to tank and the jumbo home loan market remained in the deep freeze.
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  • 'Fire Sales' Boost Southern California Home Sales

    First, the good news: The number of Southern California homes sold last month edged up to its highest level in more than a year, as bargain hunters swept up foreclosure properties in affordable neighborhoods. A total of 20,329 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in California last month -- up 16.7 percent from the previous month, and 13.8 percent one year ago, according to San Diego-based MDA DataQuick.
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  • California's Prices Off 28 Percent From Peak; Housing Risk in Los Angeles Soars

    As the housing crunch has rolled on, affecting nearly every state of the Union, no single state has been more battered and bruised by market conditions than California. According to a report released last week by First American CoreLogic, home prices in the Golden State have now fallen an average of 28 percent from their peak three years ago.
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  • Southern California's Housing Market Still Frozen: Report

    Southern California's housing market, stuck in the deep freeze most of winter, has yet to thaw out as spring arrives. According to data released Tuesday by real estate data firm DataQuick Information Systems, the seasonal boost in sales between February and March was less than half its normal level -- and a record low to boot. The median sales price in SoCal also took another record nose dive during March, as well.
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