6/4/2008 7:18:00 PM
C.A.R. reports sales increased 2.5 percent, median home price fell 32 percent in April
LOS ANGELES (May 23) – Home sales increased 2.5 percent in April in California compared with the same period a year ago, while the median price of an existing home fell 32 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. ...
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5/25/2008 8:14:00 PM
Important midyear report on housing. Don't miss this video, Click on Link below
Midyear Housing Market Update with Lawrence Yun and Charles
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5/7/2008 1:15:00 AM
Washington must do more to help housing market
The government must actively intervene in the domestic housing market to fix the subprime mortgage problems that interest rate cuts and tax rebates alone cannot, a Federal Housing Finance Board official said on Sunday. Allan Mendelowitz, a member of the Board ...
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4/6/2008 1:26:00 PM
Gas prices hit another record
Gas prices jumped more than 5 cents in the past two weeks, reaching an all-time inflation-adjusted record of $3.32 per gallon of self-serve regular, a national survey said Sunday. Publisher Trilby Lundberg said the average price beats the previous, all-time ...
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4/1/2008 11:17:00 PM
Time to hunt for a vacation home
Time to hunt for a vacation home Second-home markets are hurting, making this a good opportunity to look (leisurely) for a deal At the risk of tipping my hand (real estate agents, stop reading now), I'm thinking of buying a second home. Like most of you, ...
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4/1/2008 11:07:00 PM
Bank-owned homes are real estate's new gold rush
Julia and Gary are in escrow for a house where the lawn is overgrown, the carpet needs replacing and the fence blew down in a January storm. Not surprisingly, a bank has owned the place for months. But at $170,000 for three bedrooms in Rio , it is their dream ...
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3/27/2008 7:36:00 PM
5 Common First-Time Home Buyer Mistakes
1. They don’t ask enough questions of their lender and end up missing out on the best deal. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. They don’t find the right agent who’s willing to help ...
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3/27/2008 7:28:00 PM
Housing Opportunity Program
About Housing Opportunity The nation's housing affordability crisis is fed by economic, demographic, and regulatory characteristics. The issue will not go away on its own. Because wages have not kept pace with rising home prices and rents, millions of ...
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3/25/2008 10:30:00 PM
U.S. Economy: Existing-Home Sales Rise, Prices Fall
Purchases increased 2.9 percent, the first gain in seven months, to an annual rate of 5.03 million, the National Association of Realtors said today in Washington. The median home value dropped 8.2 percent from a year earlier, the most since the organization ...
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3/25/2008 10:27:00 PM
19 indicted in massive mortgage fraud case
Federal prosecutors in Sacramento announced Monday that 19 people have been indicted in a massive mortgage fraud case that preyed on people close to foreclosure and stripped homeowners in two dozen states of millions of dollars in equity. McGregor Scott, U.S. ...
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