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DataQuick finds increase in sales of high-end homes in 2010

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San Diego County home prices, which were falling at double-digit rates a year ago, are now rising rapidly as investors grab the last remaining bargains and upper-end buyers find. shares of sales.

California received sunny news Tuesday as DataQuick’slatest home sales report showed an increase in sales in the state’s Southland region. DataQuick reported that home sales in Southern California increased year-over-year for the sixth straight month in June, attributing the increase to "robust investor demand and significant sales gains for mid- to high-end homes."

Sales of homes priced at or above $2 million fell 16 percent year over year last quarter, marking the second consecutive quarter of declining sales and the biggest luxury sales decline since 2010. The supply of homes priced at $2 million or above increased 14 percent annually in the first quarter, the fourth quarter in a row of increases.

January 2015 sales were the lowest for that month since 3,586 homes sold in January 2008, which is the trough for January home sales in CoreLogic DataQuick’s statistics. The peak for January home sales was in 2005, when 8,298 homes sold. The January 2015 sales tally was 25.8 percent below the historical January average of 5,985 sales.

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Wong predicted that there will be a taxable sales increase of only 1 percent in 2010 and 1.9 percent in 2011.

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At the same time, homes selling for less than $300,000 accounted for 42.3 percent of the market, down from 43.6 percent in February and 52.6 percent a year ago. “It’s price softness in the high-end.

It didn’t price at the high end but rather the mid-end of its range. done this week among the volatile market conditions and economic weakening in China, its home base. To succeed, Tencent had to.

The nine Bay Area counties making up the greater San Francisco Bay sold almost 8,000 homes of all types in October according to DataQuick, the real estate information service. This continues the 2012 trend that began in the first quarter. In addition, Bay Area home sales have increased 16 months in a row.

Foreclosure delays beginning to wear off: RealtyTrac RealtyTrac on Thursday released its U.S. Foreclosure Market Report for the third quarter, which shows that foreclosure filings (default notices, scheduled auctions and bank repossessions) experienced a 5% increase from the previous quarter and an increase of nearly 23% from Q3, 2008.

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