Tag Archives: Household Income

REAL ESTATE: Mortgage safety net for unemployed – Press

With fiscal cliff talks on the precipice, the state is reminding out-of-work homeowners who are concerned their federally extended unemployment benefits will run out that there’s a safety net to fall back on in 2013. The state-managed program, Keep Your … Continue reading

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REAL ESTATE: Mortgage safety net for unemployed | Breaking News | PE.com … – Press

With fiscal cliff talks on the precipice, the state is reminding out-of-work homeowners who are concerned their federally extended unemployment benefits will run out that there’s a safety net to fall back on in 2013. The state-managed program, Keep Your … Continue reading

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Glimcher Announces Planned Acquisition of The Malibu Lumber Yard in Malibu …

COLUMBUS, Ohio, Jun 12, 2012 (BUSINESS WIRE) – Glimcher Realty Trust /quotes/zigman/132859/quotes/nls/grt GRT +1.29% , one of the country’s premier retail REITs, today announced plans to acquire The Malibu Lumber Yard, an outdoor retail center located in Malibu, California. The … Continue reading

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No real estate bubble pop expected in Canada

By Bill Mann, MarketWatch VANCOUVER, B.C. (MarketWatch) — Is there a housing bubble in Canada? It sometimes looks like it, judging by the eye-popping prices I saw being asked for condos in this city’s fashionable West End. Listings of $630,000 … Continue reading

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Lower mortgage rates make median-price homes more affordable

2006: $605,917 2007: $610,933 2008: $435,958 2009: $372,483 2010: $390,000 2011: $363,117 Source: Southland Regional Association of Realtors The median price of a home in the San Fernando Valley today is just around $350,000 – or roughly the same level … Continue reading

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Americans Grow More Confident in Housing Recovery, Survey Shows

Potential homebuyers and sellers are growing more confident that the U.S. real estate market will begin to recover as soon as next year, according to a Prudential Real Estate survey. Sixty percent of people surveyed last month had positive views … Continue reading

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Realtors: Homebuyers getting older and richer

From the reporter’s notebook at the National Association of Realtors conference taking place this weekend in Anaheim … A divided society: Homebuyers generally are older and richer in 2011 than in years past as the difficulty of qualifying for a … Continue reading

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REAL ESTATE: Southwest County tops IE apartment vacancy rate

Southwest Riverside County ranks the highest in apartment vacancy rates in the Inland Empire at 6.7 percent, according to a new report from Marcus Millichap Real Estate Investment Services. The Riverside and North Magnolia area —- a 15-mile long stretch … Continue reading

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Maybe strategic defaults aren’t so bad

This post comes from Len Penzo at partner blog Len Penzo dot Com.   I bought my first home in 1990 at the top of the Southern California real estate market and promptly found myself with an “underwater” mortgage. Although … Continue reading

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