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The Least Affordable U.S. Housing Markets Include San Francisco, Bronx, Marin...
Buying a home is likely the largest purchase most Americans will ever make. But while in some areas homeowners are more easily able to afford a house, in others they need to spend much more of their...
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Home price gains ease | Consumer Confidence surges in July | Homeownership...
Tuesday – July 29 The May S&P Case Shiller 20-city Home Index showed a year-over-year gain of 9.3%, down from the 10.8% recorded in April and below the 10.0% expected. The price gains have been...
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Luxury Housing to the Rescue? Here’s What Rich Buyers Want
The pause button might have been hit on home sales this year, but the luxury market is keeping pace. “The luxury market has been leading the recovery for about two years,” says Laurie Moore-Moore,...
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Monthly Home Sales Rise Nearly 30 Percent in California
An estimated 32,923 new and resale houses and condos sold in the state of California in the month of March. That was up 28.2 percent from 25,680 in February, and down 12.8 percent from 37,764 sales in...
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Housing Market Slow to Hit Its Spring Stride
A flurry of recent housing data suggests that the market’s spring selling season is getting off to a slow start, a worrisome sign after a winter of expectations that warmer weather would rekindle...
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Housing Comes Roaring Back to Life
Stating that “expectations and recent data point to continued home price gains for 2014,” David M. Blitzer, the chair of the committee that oversees the S&P/Case-Shiller Housing Price Index,...
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Southern California Home Sales Dip to Six-Year Low in February
Southern California home sales dropped to the lowest level for a February in six years as many would-be buyers struggled with inventory constraints, credit hurdles and reduced affordability. The median...
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Housing prices surpass bubble peak in some CA Southland ZIP Codes
In some corners of the Southland, it’s as if the housing crash never happened. Home prices in a dozen Southern California ZIP Codes have passed their peaks during the housing bubble, according to...
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5 States Where Residents Claim the Highest Mortgage Interest Deductions
This might be a difficult figure to stomach, but we are just 52 days away from the tax filing deadline of April 15, including today. For many of us, tax time represents an arduous, time-consuming...
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When Big Loans Come to Town
Source: Black Knight Financial Services (mortgage data); Note: percentages are rounded Big loans aren’t just for big cities. Affluent borrowers in dozens of metro areas sign up for the large mortgages...
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Is Real Estate Still a Good Buy?
Buying a home is no longer a no-brainer, whether you are buying as an investment or to live in it. That is the message to draw from current measures of value in many metropolitan markets. The...
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Why today’s home buyers have jumbo mortgage-sized dreams
The view of the Pacific Ocean from the San Joaquin Hills in Newport Coast, California is extraordinary. So, when Mohammad Taghavian started looking for a new home four years ago, he knew exactly where...
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Real Estate: 5 Cities in Silicon Valley Worth to Watch in 2014
The year 2013 was an exciting one for the Silicon Valley. With the rebounding real estate market and increased employment alongside the tech boom, the Silicon Valley is on its way to economic recovery....
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The Real Estate Crystal Ball: What’s on the Horizon for 2014
The past few years in real estate have been unpredictable. Between high foreclosures one year to low inventory in some major markets the next, it’s hard to tell where the market is going to go. We...
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Top 10 Most Competitive Housing Markets in America – Most in CA
Against the backdrop of rising prices and low inventory, bidding wars are still being seen in the real estate market. Competition among home buyers in December even climbed higher in some areas of the...
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The housing market is still a drag on the economy–but why?
Housing has stood out as the sick man of the U.S. economy in bad times and better times. For all its work on economic stimulus in various forms, the Obama administration has never been able to get its...
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Washington could cut Fannie, Freddie home loan limits
The U.S. government could reduce its support for high-cost mortgages as soon as October of next year, a top regulator said on Monday in a statement that amounted to a show of confidence in the housing...
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Nation’s Healthiest Housing Markets Found in the West, According to New...
The nation’s healthiest housing markets in October are clustered in California and the rest of the West, according to the newly released Zillow(R) Market Health Index[i]. Zillow’s Market Health Index,...
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Housing Agency Will Reduce Mortgage-Loan Limits
The Federal Housing Administration will drop the maximum size of home-mortgage loans that it will guarantee beginning next month in nearly 650 counties, the agency said Friday. The maximum for...
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CA Housing Prices Rise, Mortgage Rates Should Stay Low
Thinking of buying a home heading into 2104? The real estate market is stabilizing, as more foreclosures and short sales leave the market, and mortgage rates look fairly low going forward. One fly in...
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