Tag Archives: Investors

Why Rising Rates Are Rattling the Mortgage Market

“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading

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Why Rising Rates are Rattling the Mortgage Market

“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading

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Retail Center Sells for $9.9M

HEMET, Ca.–Hemet West Shopping Center, a 61,312-sq. ft. center in Hemet, a city in Riverside County, has changed hands in a deal worth $9.9 million, or $161 per sq. ft. The center, which is anchored by Stater Bros., was at … Continue reading

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Here’s What Is Fueling the Housing Boom in Vegas

Investors swarmed into the Las Vegas market, much like they did in Phoenix, AZ, using all-cash private equity funds to buy distressed properties in bulk. As competition grew and supplies shrunk, prices took off. While still well below the peak, … Continue reading

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California pending home sales hit near-four-year high in January

LOS ANGELES, CA – February 28, 2013 – (RealEstateRama) — California pending home sales posted the strongest gain in nearly four years during January, rising from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. … Continue reading

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Pending Home Sales Soar Despite Rough Winter

Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading

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The Real Estate Recovery, in Your Neighborhood

Now, as we enter the first stages of real recovery, it is more important than ever, for home owners, buyers and investors, to hone in on local markets to see what is and what is not putting housing back on … Continue reading

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New Housing Fears: Home Prices Are Rising Too Fast

As a result, home prices are now rising more and faster than most analysts predicted due to this short supply, up 7.4 percent year-over-year in November, according to CoreLogic. They are especially surging in some of the hardest hit markets … Continue reading

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US Home Prices Surge Despite Distress

Just six states, Delaware, Illinois, Connecticut, New Jersey, Rhode Island and Alabama saw annual price depreciation. New Jersey still has a huge backlog of distressed properties, as does Illinois. Arizona, Nevada and California are seeing big home price gains, as … Continue reading

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REAL ESTATE: No fall for October – Press

It’s been an interesting October. Home sales are up. Prices jumped markedly. And the homebuying affordability ratio ticked down for the third quarter of 2012, a new report by California Association of Realtors says. The Housing Affordability Index says 68 … Continue reading

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