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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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Homes Millbrae Pages
Tag Archives: Foreclosures
Will Fed’s Mortgage Buying Juice the Housing Recovery?
Home prices are stabilizing, and new construction is bouncing back, but apparently the U.S. Federal Reserve isn’t buying a bullish housing recovery. Its announcement Thursday that it would buy up to $40 billion in agency mortgage-backed securities every month, with … Continue reading
Posted in Real Estate News
Tagged Bank Owned Properties, Bank Owned Properties For Sale, Continuation, Federal Reserve, Finish Line, Foreclosed Properties, Foreclosure Rates, Foreclosures, homes millbrae, Mortgage Applications, Mortgage Backed Securities, Mortgage Rates, National Trend, New Construction, Rates Mortgage, Realtytrac, Record Lows, Spikes, Stimulus, Swarm, Volatile Stock Market
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Pending Home Sales Beat Expectations in July
Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Chief Economist, Contract Activity, Contracts, Diana Olick, Economist Lawrence, Existing Home Sales, Foreclosures, Home Buyer, Home Purchases, homes millbrae, Housing Market, Million Dollar Homes, Mortgages, National Association Of Realtors, Pending Home Sales Index, Phoenix Ariz, Single Family, Tax Credit, Vacation Home, Worth Investors
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San Francisco Area Home Prices Jump to a Four-Year High
The median home price in the San Francisco Bay area climbed to the highest level in almost four years as more expensive properties made up a larger portion of transactions, according to DataQuick. The median paid last month was $421,000, … Continue reading
Posted in SF Bay Area News
Tagged California Los Angeles, Coastal Areas, Coasts, Consumer Sentiment, Foreclosure, Foreclosures, Francisco Bay Area, homes millbrae, John Walsh, Limiting Factor, Median Home Price, Median Price, Mortgage Rates, Negative Equity, President John, San Francisco Bay, San Francisco Bay Area, Telephone Interview, University Of California Los Angeles, Willingness, Ziman Center
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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
Posted in Real Estate News
Tagged 1 Billion, Balance Sheet, Bottom Line, Cnbc, Dividend Payment, Fannie Mae, First Quarter, Foreclosures, Guaranty, homes millbrae, Housing Market, Improvements, Improving Home, Loan Loss Reserves, Mortgage Delinquencies, National Housing, Net Income, Second Quarter, Single Family, Straight Quarter, U S Treasury
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In a Twist, Both Home Prices and Rents Rise
Home prices across the nation continued their upswing in June, according to a new report from CoreLogic. Including sales of foreclosures and short sales (selling for less than the value of the mortgage), prices rose 2.5 percent from a year … Continue reading
Posted in Real Estate News
Tagged 12 Months, Consumer Confidence, Corelogic, Declines, Digi, Fannie Mae, Foreclosures, Good Time, Halfway Point, homes millbrae, Housing Market, Inception, Mortgage Prices, Optimism, Rental Markets, Rents, Survey Respondents, Trulia, Uncertainty, Unemployment, Upswing
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