Real Estate News 8.1.14

1.Million-dollar home sales hit seven-year high in California
“The number of homes that sold for $1 million or more in California hit a seven-year high in the second quarter, and sales north of $2 million reached a new record.”

2.US Consumer Spending up 0.4 Percent in June
“U.S. consumer spending rose at the fastest pace in three months in June, providing momentum for the economy going into the second half of the year.”

3.Economy gains 209,000 jobs; jobless rate, 6.2%
“The high-flying labor market showed no let-up in July as employers added 209,000 jobs.”

4.Sales of California’s million dollar homes at 7-year high
“The Golden State’s million dollar housing market sparkled in the second quarter of the year as high-end sales hit their highest level in seven years, a market tracker said Thursday”

TonyAlvarez.com

 

Leave a Reply

Your email address will not be published. Required fields are marked *