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The Curious Case for a Real Estate Shortage

by on March 22, 2010

At a time when almost everyone in the real estate industry, and most homeowners trying to sell, are desperate for more buyers and market activity, some analysts are predicting a real estate shortage in the next few years. Really? Is a real estate shortage even possible in the foreseeable future? David Crowe, the head economist [...]

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The Mortgage Market is Beginning to Show Improvements

by on February 23, 2010

Economists have stated that the mortgage market is beginning to take a turn for the better, as fewer homeowners fell behind on their mortgages in the last three months of 2009. Although the reduction is slight – only a fraction of a percentage point – economists say this is a significant change for the better [...]

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UK Home Prices Climbed 5.9% In 2009

by on January 26, 2010

Home prices in the United Kingdom climbed 5.9 percent in 2009, according to a report from the Nationwide Building Society. The average price of a home in the UK at year-end was $257,105 (£162,103), an 8.9 percent rebound from the lowest point in February 2009, according to Martin Gahbauer, Nationwide’s chief economist. The re-entry of [...]

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Santa Clara County Real Estate and Mortgage Rates Update

by on January 24, 2010

Weekly dose of Santa Clara County Real Estate and Mortgage Rates commentary. The week that was: Freddie Mac reported in its Primary Mortgage Market Survey® that 30-year fixed-rate mortgage averaged 4.99 percent with an average 0.7 point for the week ending January 21, 2010, down from last week when it averaged 5.06 percent. The 5-year adjustable-rate mortgage (ARM) [...]

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