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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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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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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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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 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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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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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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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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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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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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