Tag Archives: Peerce

Falling prices means rising affordability, California Realtors say

Posted on November 11, 2011 by sheri

Call it the silver lining of falling home prices. With low interest rates and cheaper housing throughout the Golden State, the percentage of homebuyers who could afford to purchase a home increased in the third quarter, a real estate group … Continue reading →

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A light increase in home sales in economic recovery – Lodi News

Posted on October 1, 2011 by sheri

Last week there was a small group of us from the Lodi Association of Realtors who attended the California Association of Realtors Directors meetings in San Jose. Despite some of the guilty pleasures of really good dining we were able … Continue reading →

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US to lower the size of mortgage it will guarantee

Posted on September 27, 2011 by sheri

Uncle Sam is about to take a first tentative step out of the mortgage business by lowering the size of home loans that the federal government will guarantee, and it’s already hitting California neighborhoods with higher costs and bigger down … Continue reading →

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California home sales surge in August with prices at highest point of year

Posted on September 16, 2011 by sheri

California home sales posted an increase from both the previous month and previous year, while the median home price rose to its highest level this year, according to data from the California Association of Realtors. Closed escrow sales of existing, … Continue reading →

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Broderick Perkins: California short-sale snafus worsen

Posted on August 26, 2011 by sheri

<!–Saxotech Paragraph Count: 13–> “Despite promises by lenders to improve their short-sale processes, clearly, they are not doing enough,” said CAR President Beth L. Peerce. Kim DiBenedetto, a real estate agent with Coldwell Banker Del Monte Realty in Carmel, says … Continue reading →

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Gov. signs new protection on short sales

Posted on July 15, 2011 by sheri

Gov. signs new protection on short sales by Real.Estate California real estate agents are applauding a new law that prevents all lenders from pursuing homeowners who sell their properties via a process known as a short sale. Gov. Jerry Brown … Continue reading →

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REO and Short Sales Make Up Nearly Half of California Pending Home Sales

Posted on June 24, 2011 by sheri

If you are buying real estate in California, the odds are almost fifty-fifty that you are putting money down on some sort of distressed property, be it real estate owned (REO) property or a short sale home[1]. According to the … Continue reading →

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Light at End of the Tunnel for California Real Estate?

Posted on June 23, 2011 by sheri

California’s mangled real estate market saw a sliver of promise Tuesday, despite a downward national trend in home sales. The California Association of Realtors said pending home sales statewide rose in May, the first year-over-year increase in 18 months. CAR … Continue reading →

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Home sales down, median prices grow in California – U

Posted on May 18, 2011 by sheri

According to recent information released by the California Association of Realtors, the state’s real estate market experienced fluctuation during April, as overall sales declined, but average home prices grew. During April, home sales were at a seasonally adjusted annual pace … Continue reading →

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Biz Break: In California, real estate becomes more affordable (but who can buy?)

Posted on May 13, 2011 by sheri

Today: As mortgage rates and real estate prices fall, housing is more affordable in Silicon Valley and elsewhere in California. Plus: Playdom, Nvidia, Cisco Systems (CSCO). Real estate update There’s a silver lining behind the cloud of falling real estate … Continue reading →

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