California 2007 Home Sales

A total of 25,832 new and resale houses and condos were sold statewide last month. That's up 5.6 percent from 24,460 for September, and down 40.9 percent from 43,720 for October 2006. Last month's sales made for the slowest October in DataQuick's records, which go back to 1988. On a year-over-year basis, sales have declined the last 25 months.

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Real Estate Market Resources

The following resources are helpful for guaging the real estate market across the US.

• DQNews - DataQuick Real Estate
• Wall Street Journal Online - Search real estate terms
• New York Times - Search real estate related terms

Southlake Real Estate - Fort Worth Real Estate - Dallas Homes

Foreclosures Highest Since 1988

Foreclosures Highest Since '88 - Califorina - Quarterly rate up 34% according to San Jose Mercury News.

Southlake Real Estate - Fort Worth Real Estate - Dallas Homes

Interest Rate Increase - Foreclosures

Interest Rate Increases - Foreclosures - ABC News

Rising interest rates and skyrocketing monthly mortgage payments leave many Americans staring at foreclosure as the housing market cools.

Federal Reserve System - ABC News list of current articles related to Federal Reserve System.