The supply of housing continued to decline at the state level, with an unsold inventory index (UII) of 4.2 months for December 2011, a drop from 5 months in both the previous month and the same month of the previous year.
California home sales improved both on a monthly and on an annual basis in November, exceeding the 500,000 benchmark for the first time in seven months.
Take advantage of a financial and environmental reward on your clients new home with C.A.R.'s REALTOR®'S Energy Audit Program. The California REALTOR®'S Energy Audit Program provides up to a $250 rebate on a Home Energy Rating System (HERS) home energy audit conducted by a certified HERS rater.
Members: Download the latest customizable flyer to send to your clients. This month features What's in Store for the Housing Market in 2012? A forecast preview to share with potential home buyers and sellers.