Monthly Archives: January 2013

Already Time to Throw Up Caution Signs on Housing?

Fitch contends that home prices remain overvalued and that price growth is not being driven by fundamentals but by technical factors that could easily change. As more homes move more quickly to final foreclosure, especially in states that require a … Continue reading

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Residential Real Estate: Balance tipping back to condos

“In Walnut Creek, we haven’t seen the big rent increases that we’ve seen in other areas,” says David Fiore of Mill Creek Residential. “There’s some room for growth.” Apartments remain the darling for Bay Area housing development, but condo conversions … Continue reading

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Kennedy Wilson Completes Financing and Sale of Multifamily Properties in Bay …

BEVERLY HILLS, Calif. –  International real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that it added a supplemental loan to the existing financing on Summer House Apartments, a 615-unit multifamily community that it acquired with one … Continue reading

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Manhattan Property Sales Spike on Fears of Tax Hikes

The price gains, however, were largely on the luxury end. In looking at the median prices, where half sell for higher and half sell for lower, prices for co-ops were up just 2.1 percent in the fourth quarter. Condominium prices … Continue reading

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Bay Area rents, home prices up sharply

If you’re seeking a new pad in the Bay Area, you can expect to pay more than a year ago whether you’re buying or renting, according to a report released Wednesday. Asking prices for homes for sale around the Bay … Continue reading

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