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Tag Archives: Downturn
The Other Housing Recovery: Agents’ Pay
About half of all licensed agents are members of this industry group, which is meeting in Washington, DC this week for a semi-annual conference. “To put that in perspective,the median realtor income had fallen by 35 percent during the housing … Continue reading
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Tagged Ambrose, Buyers And Sellers, Cnbc, condos, Diana Olick, Downturn, Estate Business, Facebook, Far Cry, Gaining Traction, Gary Thomas, Gross Income, homes, Industry Group, Morristown New Jersey, Mortgage, Nar President, news, Paul Bishop, President Gary, Real Estate, Real Estate Agent, real estate business, Real Estate News, Referral Agents, Side Business, townhomes, Typical Age
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Southland Begins 2013 With Sales and Price Gains Vs. Year Earlier
La Jolla, CA – February 13, 2013 – (RealEstateRama) — Southern California’s housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained … Continue reading
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Tagged california, California Real Estate, condos, Dataquick, Deep Hole, Downturn, Estate Information Service, homes, Housing Market, January Sales, La Jolla, Median Price, Momentum, Month Of January, news, Orange Counties, Price Hikes, Real Estate, real estate business, Real Estate Information, Real Estate Information Service, Real Estate News, Resale Houses, S Sales, San Bernardino, Six County, Southland, townhomes
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Foreclosures drop in Bay Area, California
Foreclosure and default notices in the Bay Area and California have fallen to their lowest levels since before the housing downturn, according to a report released Wednesday. The report from San Diego’s DataQuick highlights how the foreclosure crisis appears to … Continue reading
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Tagged Andrew Lepage, Arrears, Borrowers, california, California Foreclosure, California Real Estate, Californians, condos, Dataquick, Default Notices, Downturn, Eight Months, Financial Hardship, Foreclosure Process, Foreclosures, Fourth Quarter, Home Values, homes, Households, Legal Filings, Legal Settlements, New Laws, news, Real Estate, real estate business, Real Estate News, Spikes, Subprime Loans, townhomes
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Calif. has 1 real estate licensee for every 33 homes
Despite a big drop in the number of people with real estate licenses, California still has 41 percent more real estate licensees these days than at the bottom of the housing market’s last downturn in the 1990′s, state figures show. … Continue reading
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Tagged 1990s, Association Of Realtors, Brea, california, California Association Of Realtors, California Real Estate, condos, Downturn, Estate Licensees, homes, Housing Bubble, Housing Market, Housing Units, Leading Real Estate, Market Slowdown, news, Orange County, Real Estate, real estate business, Real Estate License, Real Estate Licensee, Real Estate Licenses, Real Estate News, S Real Estate, Spokeswoman, State Departments, townhomes, Trade Group, Veling
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$800 million realty deal could include many Sacramento properties
A Southern California real estate company is closing in on the purchase of a staggering portfolio of buildings assembled by the late Sacramento developer Joe Benvenuti, according to numerous local sources. The deal would be one of the largest in … Continue reading
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Tagged california, California Real Estate, California Real Estate Company, Commercial Real Estate, condos, Downturn, Dozen Other States, Estate Sources, homes, Investment Firm, Jones Lang Lasalle, Legenda, Local Real Estate, news, Prospective Buyer, Real Estate, Real Estate Brokerages, real estate business, Real Estate Investment, Real Estate News, Retail Space, Sacramento Area, Sacramento History, Sacramento Kings, Sacramento Office, Southern California Real Estate, townhomes, Westcore Properties
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Apartment Demand Ebbs as ‘Avalanche’ of New Units Open
One of the biggest upsides to the downturn in housing has been a surge in demand for apartments. Whether burned by foreclosure or afraid of losing money in homeownership, Americans have run in droves to rent. That resulted in a … Continue reading
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Tagged Absorption, Accounting, Apartment Vacancies, Basis Points, condos, Delays And Cancellations, Department Of Commerce, Downturn, Droves, Economist, Foreclosure, homes, Housing Starts, Investors, Money, Mortgage, New Apartments, New Projects, news, Open Doors, Real Estate, real estate business, Real Estate News, Reis Inc, Rents, townhomes, U S Department, Veritable Avalanche
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Real Estate Slump Makes Beachfront Homes More Affordable
(Source: By Kevin Post, The Press of Atlantic City, Pleasantville, N.J. (MCT) The bottom of this real estate cycle, which went deeper than anyone expected, has produced something else surprising: beach-town bargains. Properties on or near the ocean typically hold … Continue reading
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Tagged Bicycle Storage, Brigantine, california, California Real Estate, Condo Fee, condos, Corpus Christi Texas, Deeper Than Anyone, Distressed Properties, Downturn, Foreclosure, Gentleman, homes, Irvine Calif, news, Ocean Club, Ocean Front, Ocean View, Pleasantville, Press Of Atlantic City, Price Reductions, Real Estate, Real Estate Bubble, Real Estate Bubble Burst, real estate business, Real Estate News, Real Estate Slump, townhomes, Vero Beach
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SF property values rebounding
San Francisco property values, as seen through the prism of annual tax assessments, are showing strong signs of rebounding, according to Assessor Phil Ting. Meanwhile, a separate report showed the number of underwater homes in the nine Bay Area counties … Continue reading
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Tagged california, California Real Estate, condos, Declines, Downturn, Growth Surge, homes, Ironically, Life Science, Mission Bay, New Condos, news, Phil Ting, Prism, Property Values, Proposition 13, Real Estate, real estate business, Real Estate News, Real Estate Values, Recession, Residential Areas, Residential Recovery, Residential Side, South Beach, Tax Assessments, Technology Firms, Teflon, townhomes
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Is Housing Recovery Real? Not Everyone Is Convinced
Housing, the sector that led us into the recession, now looks to be one of the brighter spots in the economy. Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices. The … Continue reading
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Tagged Association Of Realtors, Backlog, california, California Real Estate, Chief Economist, condos, Conspiracy Theorist, Consumer Confidence, Downturn, Fact That Some People, Foreclosed Homes, Glenn Kelman, Homebuilding, homes, Housing Market, Housing Woes, Inventories, Low Interest Rates, National Association Of Realtors, news, Price Increases, Real Estate, real estate business, Real Estate News, Recession, Redfin, Rents, Right Direction, townhomes
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