Tag Archives: National Housing

How Rising Home Prices May Actually Stall the Recovery

Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading

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‘Red hot’ Bay Area luxury home market sees biggest jump since 2006

San Francisco’s luxury homes are attracting eager buyers.  Mark Calvey Senior Reporter- San Francisco Business Times Email  | Twitter Don’t be surprised if you hear your real estate agent and mortgage lender suddenly belt out a rendition of “Happy Days are … Continue reading

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Fannie Mae’s New CEO: ‘Comfortable’ With Decision Not to Slash Mortgage Balances

Fannie Mae is no longer bleeding cash, at least for now. After devastating losses since 2008, the mortgage giant reported its second straight quarter of positive net income, even after making a $2.9 billion dividend payment to the U.S. Treasury. … Continue reading

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San Francisco public housing shouldn’t be left hopeless

It was 2007 when then-Mayor Gavin Newsom launched the ambitious Hope SF initiative, making a promise to the residents in eight of San Francisco’s most-dilapidated public housing projects that help was arriving. The unlivable conditions arising from years of underfunding … Continue reading

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