California Housing Market News
California is a huge state and there are various market currents flowing throughout its regions, but at the moment, there are some quite similar trends happening in both Northern and Southern California. Both sections of the state are largely being driven by an increase in demand coupled with a dearth of single family homes, resulting in strong increase in prices throughout the state.
From 2008 to 2011, housing construction was at the lowest level that it had been in years. In 2005, 209,000 permits were issued for new housing units, compared to a low of fewer than 50,000 in 2008. California’s housing market is characterized by its cycles, and this one is operating along the same lines as previous ones, even if it is more pronounced than others. Part of the reason that California’s market is so volatile is because it is typically in the vanguard of trends and change in the United States, which is reflected in the housing market.
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Today's wealthy investors seem to have split personalities. Part of them is brimming with confidence and optimism. Survey after survey shows that they are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. Then there is the darker side.
Which States is the best to invest in?
The self-directed 
California Foreclosure Statistics
Long-term mortgage rates continued to move lower this week, with a 15-year fixed-rate mortgage falling to a record low for the second consecutive week.
What is a FICO Score? Most credit bureau scores in the U.S. are calculated from software developed by Fair Isaac and Company. They are commonly referred to as FICO scores and include a rating based on information found in credit reports.
Earlier this year Norada Real Estate added a One-Year Rent Guarantee as part of every investment property purchased through their network. The response by investors has been very positive and overwhelming.
People were on the move in 2012 and apparently the most popular place for them to move to was Pittsburgh, PA., according to the 2012 Top US Growth Cities Report recently released by U-Haul International. The Steel City topped the list of 30 metro areas selected with a 9.04% population growth, based on data collected by U-Haul from over 1.6 million one-way truck rentals during a recent 12 month period.
