Archive for April, 2008



Sales and Home Prices Decrease in February

Published on April 15, 2008

Home sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the California Association of Realtors reported.
The median price of an existing, single-family detached home in California during February 2008 was $409,240, a 26.2 percent decrease from the [...]


HUD Unveils its Mortgage Reform Plan

Published on April 1, 2008

In an attempt to help streamline the home-buying process and mitigate risk connected to the subprime mortgage crisis, the U. S. Dept. of Housing and Urban Development (HUD) last week proposed a plan for mortgage reform designed to help consumers better understand mortgage loan documents and make more informed decisions when it comes to the [...]


Consumer Confidence Declines

Published on

Consumer confidence plummeted to a five-year low in March to 64.5, down from 76.4 in February on fears over further job cuts, rising gasoline and food costs, and sinking home prices, according to the latest Consumer Confidence Survey from The Conference Board.


Sales and Home Prices Fall in February

Published on

Home sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the California Association of Realtors reported.
The median price of an existing single-family detached home in California during February 2008 was $409,240, a 26.2 percent decrease from the [...]


The Solar Initiative

Published on

The California Solar Initiative “Go Solar, California!” has established the goal of creating 3,000 megawatts of new solar-powered electricity by 2017, or enough to power 1 million homes. This program will allocate $3.3 billion to businesses, homeowners, and builders who qualify for rebates and incentives if they install solar systems on their homes or commercial [...]