Tag Archives: Housing Market

Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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San Francisco housing market booms bigger than ever

Plummeting inventory of homes for sale accompanied by a new wave of tech workers have San Francisco’s rental and real estate markets continuing to boom. The average monthly price of an apartment lease has risen to $2,734 — up 12.9 … Continue reading

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Bay Area sector roundup

BANKING Wells Fargo might send jobs overseas Wells Fargo Co., looking to trim more than $1.7 billion in quarterly expenses between the first quarter and the end of this year, may move some jobs overseas. Some roles in technology and … Continue reading

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San Francisco Bay Area Home Prices Climb to 22-Month High

Home prices in the San Francisco Bay Area rose to a 22-month high in May as more expensive properties made up a greater portion of sales, DataQuick said. The median price for houses and condominiums in the nine- county Bay … Continue reading

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Home Prices See Gains, But That’s Not the Whole Story

Page 1 of 2 | Next PageShow Entire Article It is not exactly a trend, but for the second-straight month, U.S. home prices saw year-over-year gains. Including distressed sales (foreclosures and short sales), prices rose 1.1 percent in April, according … Continue reading

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