Monthly Archives: December 2013

Who’s afraid of the taper? US housing starts spike

The report was released as Fed officials were set to meet for a second day. The housing market had slowed in recent months, a development policymakers acknowledged at the October meeting. A run-up in mortgage rates, in anticipation of the … Continue reading

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Homes get makeovers as mortgages are back in black

Bruckwick says most of his clients have also looked around at buying new homes, but either can’t find anything they like or what they do like is too expensive and still needs work. That is why they are choosing to … Continue reading

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Most expensive real estate sales in the US this year

2013 has recorded record-breaking sales all over the nation, from the Bay Area to the beaches of Miami. The most expensive of all though is local: the purchase of a 9-acre lot and property in Woodside, CA was the year’s … Continue reading

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Eyeing a rental market play? Blackstone wants you

Blackstone is originating loans of $500,000 to $50 million to small and midsize investors buying a minimum of five single-family rental properties. Each home must be worth at least $50,000, and Blackstone will do a lot of homework, using local … Continue reading

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Home prices in Bay Area return to bubble peaks

Driven by the roaring economic engine of Silicon Valley, home prices in some Bay Area cities have neared or exceeded the record highs reached in last decade’s housing bubble. San Francisco, Palo Alto and other cities flush with cash from … Continue reading

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