Monthly Archives: February 2013

US Homeowners Rise Above Water on Mortgages

The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading

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Rising home values push more Bay Area homes above water, Zillow says – Alameda Times

Rising prices pushed thousands of Bay Area homes back above water last year, according to a report released Wednesday, another sign that the region’s housing crisis is easing as the economy recovers. The report, by the housing website Zillow, shows … Continue reading

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How Sequestration Cuts May Pummel Housing

Sequestration could also hit the nation’s home builders, especially those with a large footprint around Washington, DC and Northern Virginia, like Toll Brothers, which reported a first quarter profit Wednesday, and NVR. “Industry tailwinds look to be gaining steam, but … Continue reading

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South Bay and SF residents are amongst highest earners in the nation

With such high real estate prices, it’s no surprise that Bay Area residents earn some of the highest incomes in the country.  After all, how else will you pay for that million dollar house? Households in the San Francisco and … Continue reading

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What to Expect From Toll Brothers Earnings

For fiscal year 2013, analysts are estimating earnings of 88 cents per share, but those estimates have been shrinking due to concerns over the broader economy. “I think it will be a pretty good report for Toll. The high-end and … Continue reading

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