Real Estate

California Housing Market Downshifts in April
Real Estate

California Housing Market Downshifts in April

Following a strong first quarter start, California housing market downshifts in April. California home sales lost momentum in April, while the median home price accelerated to a near-10-year high, the Arcadia Association of REALTORS said recently. Closed escrow sales of existing, single-family detached homes in California remained above the 400,000 benchmark for the 13th consecutive…

Softening in the Housing Market in the Upcoming Months
Business, Real Estate

Softening in the Housing Market in the Upcoming Months

  Following relatively strong closed escrow home sales over the past few months, California pending home sales slipped negligibly from a year ago, which suggests a softening in the housing market in the upcoming months, the Arcadia Association of REALTORS® said today. Reflecting a seasonal pattern, REALTORS® responding to the California Association of REALTORS® January…

News, Real Estate

Analysis Finds Presidential Elections Have Little Impact on California Housing Market

  The Arcadia Association of REALTORS® reports that presidential elections have historically had little or no negative impact on the California housing market, according to findings by the California Association of REALTORS® (CAR). “Transitory political events such as presidential elections don’t drive the housing market,” said AAR President Roy Blume. “Market fundamentals such as housing inventory,…

Arcadia City Council Recap
News, Real Estate

Arcadia City Council Recap

Mixed-Use Project, Underground Utilities, Funding Approvals, Museum Donation By Joe Taglieri The Arcadia City Council concluded 2015 on Tuesday with a variety of municipal actions that included approving a large combined residential and commercial project on Duarte Road and agreeing to replace utility poles with an underground system on Moreland Avenue adjacent to the forthcoming…

Business, News, Real Estate

Arcadia Realtor Association Polls Membership on Proposed Voter Initiative

Realtor Association CEO: Opinion Survey on Ballot Measure Draws ‘Opinions From Both Sides’ By Joe Taglieri The Arcadia Association of Realtors recently concluded a survey gauging members’ opinions on a proposed voter initiative that aims to more stringently limit the size of newly constructed or remodeled homes compared with current regulations. “It was a temperature…

California Home Sales and Price Decrease in October
Real Estate

California Home Sales and Price Decrease in October

Affordability Crunch Impacts Housing Market California’s housing market softened in October as both statewide sales and median price contracted from the previous month and is still on target to meet forecast projections, the Arcadia Association of Realtors® (A.A.R.) said. Home sales exceeded the 400,000 level in October for the seventh consecutive month and posted higher…

Real Estate Pros Weigh in on Arcadia Home Size Debate
Featured, Real Estate

Real Estate Pros Weigh in on Arcadia Home Size Debate

Realtor Explains Arcadia Residential Land Investment By Joe Taglieri As the war of words over residential development in Arcadia steadily intensifies, members of the local real estate community have recently begun publicly speaking out about efforts to limit home size. Throughout the last couple of months Joe Sira of Dilbeck Real Estate and a member…

Arcadia Council Declines to Further Consider Moratorium on Residential Construction
Featured, News, Real Estate

Arcadia Council Declines to Further Consider Moratorium on Residential Construction

Opponents of Temporary Development Freeze Turn out in Force Lack of Supermajority Support Leads Council to Scrap Development Moratorium By Joe Taglieri After a sizable public contingent voiced opposition to a moratorium on residential construction projects while officials hash out a zoning code update, the Arcadia City Council could not muster supermajority support Tuesday to…

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