By Samantha Peterson, Tuesday, May 18, 2004. MENLO PARK, Calif.–Steven Quinones wanted an environmentally friendly, modern house that he could afford. He talked with architects about designing one and was startled to learn it would cost about $300 per square foot. Instead, he opted for a three-bedroom, two-bathroom Glidehouse for a fraction of the cost. more...
By Inman News, Tuesday, May 18, 2004. Home sales surged in Southern California in April, as prices rose at their fastest pace in more than 16 years to a new high, according to DataQuick Information Systems. A total of 32,916 homes were sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in April, up 0.8 percent from March's 32,650 and up 7.3 percent from 30,675 for April last year, DataQuick reported. Last month's sales count was the highest for any April in DataQuick's statistics, which go back to 1988. The median price paid for a Southern California home was $386,0 more...
By Inman News, Tuesday, May 18, 2004. The Real Estate Center at Texas A&M University has compiled an online report, based on U.S. Census Bureau data, which details 27 metropolitan areas in Texas. The report features 2003 housing, demographics, education, employment, economy, infrastructure, public facilities, multifamily, retail, hotel, office and industrial data for all of the areas. more...
By Inman News, Tuesday, May 18, 2004. Home sales in the Houston metropolitan area during April increased 22.2 percent from the same month a year ago and set an all-time high for the month, according to the Houston Association of Realtors. Total property sales, which included single-family homes, townhomes, multifamily homes, country homes, high-rise properties and lots listed on the MLS, reached 6,353, the highest number of total sales ever recorded by the association during the month of April. Total sales for single-family homes increased 23 percent in April to 5,215 from April 2003's 4,238. more...
By Inman News, Tuesday, May 18, 2004.
By Inman News, Tuesday, May 18, 2004.
By Inman News, Tuesday, May 18, 2004. Overall mortgage applications dropped by nearly 12 percent last week on a seasonally adjusted basis, according to the Mortgage Bankers Association's weekly survey. The MBA seasonally adjusted purchase index decreased by 8.1 percent to 454.2 from 494.3 the previous week. The seasonally adjusted refinance index decreased by 16.8 percent to 1,816.9 from 2,184.6 one week earlier. more...
By Inman News, Tuesday, May 18, 2004. Long-term mortgage interest rates moved higher Tuesday, and the benchmark 10-year Treasury bond yield rose to 4.73 percent. The 30-year fixed-rate average inched up to 6 percent, and the 15-year fixed-rate increased to 5.37 percent. The 1-year adjustable was down slightly at 3.48 percent. The 30-year Treasury bond yield increased to 5.45 percent. Rates are current as of 7:15 p.m. Eastern Standard Time. more...
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