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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Chief Economist
Housing Recovery Shows Up In Job Gains
Residential construction jobs increased by just over 6,000 in April from the previous month, according to the Bureau of Labor Statistics, and residential specialty trade contracting jobs (plumbers, electricians, roofers, etc.) grew by over 7,000. Those workers need more trucks, … Continue reading
Posted in Real Estate News
Tagged Appliance Stores, Boon, Bureau Of Labor, Bureau Of Labor Statistics, Chief Economist, Corelogic, Doug Duncan, Fannie Mae, Furnishing, homes millbrae, Housing Market, Lower Monthly Payments, National Association Of Home Builders, National Housing Survey, Pick Ups, Residential Construction, Roofers, Spending Money, Sweet Spot, Ups, Upward Trend
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US Pending Home Sales Tick Upward in March
“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading
Posted in Real Estate News
Tagged Chief Economist, Contract Activity, Crash, Economist Lawrence, Existing Home Sales, Government Mortgage, Home Builders, homes millbrae, Inventories, Limited Supply, Map, Midwest, Mortgages, Norms, Pending Home Sales Index, Real Estate, Realtors, Sales Contract, Several Factors, Single Family, Spring Season
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Bay Area construction stages big rebound
Click photo to enlarge The Bay Area’s construction industry is enjoying its strongest job growth in years, a remarkable turnaround for a sector that was battered by the vicious meltdown of the housing market and the implosion of commercial real … Continue reading
Posted in SF Bay Area News
Tagged Bank Of The West, Bay Area Construction, Best Performance, Blue Collar, Chief Economist, Commercial Real Estate, Construction Industry, Construction Market, Construction Sector, Construction Stages, Director Of Research, Employment Leader, Homebuilders, homes millbrae, Housing Market, Implosion, Milken Institute, Remarkable Turnaround, Research Fellow, Scott Anderson, Weight Class
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Why Housing Affordability Is at Risk
The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Mortgage, Annual Incomes, Chief Economist, Home Builders, Home Loans, Home Values, Homebuyers, homes millbrae, Housing Affordability, Low Interest Rates, Mid Eighties, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Payment, Nineties, No Doubt, Paychecks, Stan Humphries, Student Debt, Year Fixed Mortgage, Zillow
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Deep Freeze: Home Sales Barely Budge in Spring
“Only new home construction can genuinely help relieve the inventory shortage, and housing starts need to rise at least 50 percent from current levels,” said Lawrence Yun, chief economist for the National Association of Realtors in a release. “Most local … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Banking Crisis, Bob Walters, Chief Economist, Community Banks, Construction Loans, Credit Unions, Deep Freeze, Home Affordability, homes millbrae, Housing Starts, Local Home Builders, Mortgage Applications, Mortgage Bankers Association, Mortgage Rates, National Association Of Realtors, New Home Construction, Record Lows, Regulatory Rules, U S Department, Upward Trend
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