Tag: Home

COVID effect: Southern California home sales drop, prices up

by  on  in Home News

The number of homes sold across Southern California fell sharply in May as the coronavirus outbreak put a freeze on the region’s housing market.

Data released Thursday by DQNews reflect deals that closed escrow, meaning most buyers placed their offers in April and even March, during the height of stay-at-home orders.

Closed sales in May plunged 45% from a year earlier, while the region’s median home price rose 2.7%.

Experts say home sales usually decline before prices do in a market downturn because sellers are reluctant to drop their price until they have to.

As the coronavirus outbreak became a

… Read MORE

These companies are working from home until 2021 — or forever

by  on  in Home News
Some employees won’t return to their offices until at least 2021, while others might not ever see their office again.
Twitter got the ball rolling in mid-May when it announced that some of its employees could permanently work from home. And just last week, Google announced that its employees will work from home until 2021.

“I hope this will offer the flexibility you need to balance work with taking care of yourselves and your loved ones over the next 12 months,” Google CEO Sundar Pichai wrote in a memo to employees, a copy of which was obtained by CNN

… Read MORE

Bad news for home buyers: Prices are going up everywhere

by  on  in Home News
The nation’s median existing single-family home price climbed to $313,500 in the third quarter, up 12% from a year ago, according to a report from the National Association of Realtors. At that price, a family would need to pay $1,059 for a monthly mortgage payment and would need to earn $50,819 a year to afford it.

Home prices grew four times as fast as median family income, which increased at a rate of 3%.

The median sale prices of existing single-family homes rose from a year ago in all 181 metro areas measured in the report, and 65% saw double-digit … Read MORE

75 Beautiful Farmhouse Exterior Home Pictures & Ideas – November, 2020

by  on  in Exterior Design

Alegria

A Modern Farmhouse on the coast of Washington State. This old beach cottage was an extensive remodel with an all female design team. At the Dana Webber Design Group, creating spaces for entertaining was our focus. This modern farmhouse living room is a hit. Beautiful decor ideas. Mixed materials of wood, steel and glass create a beautiful natural look. We are a full service architectural firm on Bainbridge Island, just off the coast of Seattle. Take a look at the full home tour at DanaWebber.com
Kids Room, Windows doors, kitchen window – przemek_pohrybieniuk

Inspiration for a country white two-story wood and board and batten exterior home remodel in Baltimore with a metal roof

Farmhouse Exterior

Inspiration for a country

… Read MORE

Buying a foreclosed home in California is about to change

by  on  in Home News

Good morning. I’m Andrew Khouri, the L.A. Times Business section’s residential real estate reporter, filling in for Rachel Schnalzer to bring you our weekly newsletter. During the last financial crisis, millions of Americans lost their homes to foreclosure, and many of those houses were scooped up by investors — large and small — to flip or rent out.

Wall Street became a major

… Read MORE