LOS ANGELES — The percentage of households that could afford to buy an entry-level home in California stood at 44 percent in the first quarter of 2008, compared with 26 percent for the same period a year ago, according to a report released by the California Association of Realtors.

LOS ANGELES - Home sales decreased 28.5 percent in February in California compared with the same period a year ago, while the median price of an existing home fell 26.2 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

LOS ANGELES----Home sales decreased 29.8 percent in January in California compared with the same period a year ago, while the median price of an existing home fell 21.9 percent, the CALIFORNIA ASSOCIATION OF REALTORS® reported today.

More people should be able to afford a Vallejo-area home now that prices have dropped, though stricter mortgage loan requirements make it difficult, local real estate experts said Wednesday. The California Association of Realtors released

Colleen Badagliacco has visited "every nook and cranny of the state" this year, she said, for her work as the 2007 president of the California Association of Realtors, a trade group with nearly 200,000 members.

LOS ANGELES----The CALIFORNIA ASSOCIATION OF REALTORS® today applauded the passage of H.R. 1852, the "Expanding American Homeownership Act of 2007," by U.S. House of Representatives.

Register reporter Jeff Collins reports that .... The California Association of Realtors recently revised its 2007 housing outlook based on "newfound weakness" in the housing market over the past few months.CAR now expects sales of existing single-family homes to end the year down 19.4% below last year's pace, said Robert Kleinhenz, the association's deputy chief economist. "Especially in the last three months, there's been newfound weakness in the market, and we've had to adjust our sales decline accordingly," Kleinhenz said today. The association originally forecast last October that sales this year would fall 7%, then changed that figure to a 14% drop in its mid-year revision.Meanwhile, the association expects overall house prices to end the year up 3.8%, instead of falling 2% as originally expected, due mainly to the change in the types of homes that are selling, he said.

The report from California Association of Realtors on Wednesday was that in the Central Valley prices and sale of property was low ... in the coastal regions of the Bay Area, Monterey, Santa Cruz and Los Angeles. Real estate agent Mike Collins ... . The price also slipped down 9.1%. It was a crash to $329,960 from $362.960 within a year. CaliforniaPosted in For Sale By Owner » FSBO Home Sellers Saving Money in ... ( 3 links from 2 sites)