Does anybody know if property prices specially houses, in california, have gone up or down?
813904
Some areas in Orange County are stable and in Irvine, I have seen a 3% increase in price near the Irvine Spectrum area. Other areas are sinking.\n\nRegards
27637
In my opinion we are going to see an ajustment depending upon location in the Bay Area. Sonoma County to the North is seeing demand for new housing.\n\nSan Francisco to San Jose is seeing increased inventory.\n\nThe bubble will not burst, however I beleive we will see some adjustments which are normal.
178358
Real estate prices vary across the state.  Location is everything when it comes to price.  If you have an idea of the specific city or county, you could look up property tax records for that area to get the tax assessments, which are normally VERY low compared to market value.  Another option would be to talk with a real estate agent in the area and they can give you an idea.
725804
Keep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I beli\neve will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://www.brokerforyou.com/brokerforyou\n\nhttp://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm\n\nhttp://www.brokerforyou.com\n\nhttp://www.san-diego-for-sale-by-owner.com\n\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\n\nhttp://www.brokerforyou.com/blogger/index.html\n\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com\nhttp://www.brokerforyou.com/san-diego-real-estate-sales.html\nhttp://www.poway-real-estate.info\nhttp://www.del-mar-real-estate.info\nhttp://www.la-jolla-real-estate.info\nhttp://www.los-angeles-real-estate-brokers.com\nhttp://www.san-jose-real-estate-brokers.com\nhttp://www.orange-county-real-estate-brokers.com\nhttp://www.san-francisco-real-estate-brokers.com\nhttp://www.sacramento-real-estate-broker.com
627180
Well right now it's starting to become a buyer's market. Houses are not selling like hotcakes right now. They are staying on the market longer. This is an advantage for you because prices can be negotiated in your favor. I would wait a few more months and see where the market is then because it hasn't quite changed totally.
1044208
Yes its a bad bad thing! \nthe market is going to crash anywhere there is a 10% or more apperication.   If you want a safe market look for one with 3-4 apperation that has stayed steady for years. \n\nit has nothing to do with interest, it's that people people are will to pay more then a home is really worth just to live in CA or FL
1010153
If I understand the question properly... \n\nYour representing properties in Asia and looking for buyers in California? \n\nI would think this is more of a licensing question for an Asian goverment. I would recommend checking with the California Department of Real Estate. www.dre.ca.gov to be sure how California looks at it.
413393
Best way is to check recent sales prices of other homes in the area.  Try domania.com.  As for what it will fetch in another year from now, no way to predict.
317814
You are asking the Million Dollar question. But from my personal opinion, Real Estate Market is slowing down it shows signs of decress in growth each year. However, decress in groth means that it does not go up as much as last year but it's still going up. Last year there was a 13% increase in home price in LA county, and 15% the year before, and 20% the year before that. So house price is still going up. Make sure you invest in good location. \nAfter all, real estate is all about location.
85556
Take a look at www.realtor.com \nYou can search houses pretty much anywhere in the US.  And get a good idea of what it will cost you.  The problem is, housing cost is only one part of the story.  I live in the East Bay of California.  Danville for example has a median house price of $1,000,000.  (Yup, that is a regular single family home)  But, the average household income is over 100k a year. But if you move somewhere with really low housing costs, and low cost of living, you can be sure to only make 5 bucks an hour.  Good luck!
616446
Prices grew by over 40% 2 years in a row.  Now prices have stabilized and homes are staying on the market longer.  Prices have not dropped, but with inventory increasing, it will probably happen soon.
1036555
There have been recent reports indicating that the red-hot real estate market of late has started slowing.  Howerver, while real estate as a whole may be slowing, each market is different.  There may be areas of the country where prices are falling and building is slowing, but there may be others where the market is still red-hot.\n\nYou will probably need to look on a more local level to detemine what is going on and how it will affect you.
792668
Eventually yes they will have to fall!! Prices are rising at an alarming rate, and it will get to the point where it will be difficult for many people to afford to buy their own home. As the saying goes "what goes up has to come down".
282181
In my experience the average rent/contract price increase from year to year is in the range of 4%-6%.  However, you must factor in that you are in the San Bernardino area, which I am under the impression is a good place to be.  So you may want to add a couple more percentage points.  I would not recommend going above 10%.
776211
I say that home price will drop to 40-60% of what they were last year. They really are not dropping they are correcting. From what you may ask a over inflated bubble that was made. Hear is how they made it.\nhttp://www.breakingbubble.com/index.htm
658028
Prop 13 is still in effect.  If you buy a new property, you will pay the property tax at the valuation you buy the property at, but your future property tax will only rise based on the prop 13 percentage.
1055964
Hi there\n\nThat is a tough question, no one can give you an exact and correct answer.\n\nHouse price inflation has and will continue to fluctuate, the future increases are always a matter of debate.\n\nYou need to consider local factors, such as will there be any new infrastructure enhancements - positive or negative - that will affect local prices?\n\nTaking a personal view i would see house price inflation slowing through this year and next, close to zero in years 3 and 4, and then starting to pick up again.  \n\nIf we assume 5% this year, 3% in yr 2, 1% in yr 3 and 4, 5% in yr 5, then the total increase would be about 16%, e.g. the house would be worth about £116,000.\n\nAs I say, this is a personal view, and you also need to take account of local factors as mentioned above.\n\nI hope this helps.