Tag Archives: Chief Economist

Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Home values rise, but millions still drown in debt

More than three million U.S. borrowers have risen above water on their mortgages so far this year, thanks to swift home price appreciation, according to a new report from online real estate company Zillow. The negative home equity rate fell … Continue reading

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Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

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Bay Area home price growth levels off

Buying ain’t easy. First prices soar, then they slow down, but rising interest rates make up the difference. Blanca Torres Reporter- San Francisco Business Times Email  | Twitter  | Google+  | LinkedIn The rapid rise of home prices may be slowing, but too … Continue reading

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