Market News - August 2009

New home sales soar 11 percent in June
Largest monthly increase in more than eight years…supply cut to 8.8 months, read more

California home prices moving up
Existing single family inventory in Southern California now at just 4.1 months supply, read more

Quadrant Homes increases building 33% in Washington
"Quadrant is the 800-pound gorilla in this market. Maybe they'll be the leaders, and the rest of us will follow along." Read more

Market News - July 2009

Data show housing market starting to recover
NAR reports sales of previously occupied homes rose for the third month in a row in June... read more

Home sales keep climbing
For the first time in five years, sales of previously occupied homes rose for the third consecutive month in June while foreclosure sales and the glut of homes on the market both declined... read more

FHFA Monthly House Price Index shows U.S. prices slowly increasing
The Pacific Region, which includes Washington and Oregon, shows a 2.7% increase... read more

Recording Fees Increase!

New Social Media Web Tools

CBBain has launched a new web tool allowing consumers to post listings directly from the CBBain website to Facebook and Twitter! Icons for these popular sites will be positioned on each listing’s property detail page; clicking on either icon will prompt the user to login and then the tool will automatically generate a link to the property and additional property details. Users can also add their own comments before clicking Share to post the information to their page/account.

Go to CBBain.com to get started!