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Peter Sale

Peter Sale
Spalding & Associates
Santa Monica, CA 90405

310-291-3426
Email Me

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Real Estate News

Latest Realty News from NAR

Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup

WASHINGTON (June 21, 2017) – The House Financial Services Committee today concluded a markup on multiple pieces of legislation to reauthorize and reform the National Flood Insurance Program. Following is a statement from National Association of Realtors ® President William E. Brown:

“Congress has less than four months to reform and reauthorize the critical National Flood Insurance Program. NAR is pleased that Congress is addressing the issue.

“NAR supports six of the seven bills that... Read More

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new low, according to the National Association of Realtors®. All major regions except for the Midwest saw an increase in sales last month.

Total existing-home sales1, https://www.nar.realtor/topics/existing-home-sales, which are completed transactions that include... Read More

5 Root Causes for U.S.’s Depressed Homeownership Rate: New Study

BERKELEY, Calif., (June 9, 2017) – Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low because of a perverse mix of affordability challenges, student loan debt, tight credit conditions and housing supply shortages.

That’s according to findings of a new white paper titled, “Hurdles to Homeownership: Understanding the Barriers” released today in recognition of National Homeownership Month at the National Association of... Read More



Based on information from CARETS as of 2017-06-23 01:36:37. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Peter Sale | 310-291-3426 | Email Me
171 Pier Ave #262 - Santa Monica, CA 90405
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