Tag Archives: Housing Affordability

Housing’s Spring Bloom ‘Stuck’ Due to Short Supply

“If I am underwater in my equity and now suddenly I’m not, but I’m up 5 percent and the market around me is appreciating 6,7,8,9, 10 percent, why don’t I wait and perhaps get a 10 percent return on my … Continue reading

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Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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Anian Tunney Piedmont CA Real Estate Agent: Alameda County is a Hot Real … – Virtual

Anian Tunney Piedmont CA real estate agent reports on current market conditions for Alameda County, the Bay Area and California. San Francisco, CA (PRWEB) March 24, 2013 Anian Tunney, Piedmont, CA Real Estate Agent with the Grubb Company reports that … Continue reading

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Cash purchases of California homes hit record in 2012

Who needs a mortgage when you have greenbacks to spare? Not the wealthy, and certainly not investors, both of whom appear to be saturating California’s real estate market these days. The latest sign: Cash purchases of homes in the Golden … Continue reading

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December home prices jump 19.6% in Southern California

Southern California’s housing market ended the year with sharp gains, rounding out the first solid year of sustained improvement after nearly five years of real estate malaise — and helping set up further improvement in 2013. The region’s median home … Continue reading

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Pending Home Sales Surge to Five Year High

Buyers are coming back to the housing market in ever greater numbers, as an industry index measuring contracts to purchase existing homes surged 5.2 percent in October from September. The monthly gauge of pending home sales from the National Association … Continue reading

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Analyst: Inland Calif. housing on the mend

Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call “Thursday Morning Quarterback.” Here’s his latest installment. … California is a big housing market. There are beautiful … Continue reading

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Is the Apartment Rental Market Overheating?

The still faltering housing recovery, tight credit, lackluster employment growth and overall weak consumer confidence has kept demand for apartments high, despite historic housing affordability. That, plus a shortage of supply, means rents are going higher, increasing at their fastest … Continue reading

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Is the Rental Market Now Overheating?

The still faltering housing recovery, tight credit, lackluster employment growth and overall weak consumer confidence has kept demand for apartments high, despite historic housing affordability. That, plus a shortage of supply, means rents are going higher, increasing at their fastest … Continue reading

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Strong Housing Numbers, Still Slow Recovery

The number of home buyers signing contracts to buy existing homes jumped nearly six percent in May to the highest level since April of 2010, according to a new report from the National Association of Realtors. Back then buyers were … Continue reading

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