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Bay Area Homes See Continued Price Improvement

17 hours ago ago from HousingStorm.com Honest Local Real Estate

Bay Area Home Sales and Prices Continue to Rise. From DataQuick News reports Bay Area home sales and median price top last year again The median price paid for a Bay Area home rose above the year-ago level for the second consecutive month, a reflection of widening price stability, fewer foreclosures selling and more activity in pricier areas. Sales dipped below October but were higher than a year earlier for the 15th consecutive ...

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San Francisco Bay Area home sales rise in November

21 hours ago ago from 1-800-COLLISION™

Northern Californians had some good housing news to cheer this morning: San Francisco Bay Area home prices in November rose 10.6% from the same month a year prior. It was the second month in a row that the median price paid for a home in the Bay Area increased on a year-over-year basis. But that number declined slightly from October. The increase reflected an overall improvement of the housing market up north, with fewer ...

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Setting the stage for the next housing bubble?

14 hours ago ago from Deals & Developments

Maybe I am perverse to be worrying about the prospect of another housing price bubble right now. After all, we are just starting to come out of one of the worst recessions and housing market downturns in decades. Yet there’s one troubling trend that could set the stage for a return to runaway prices in the Boston areas, certainly not now or next year, but maybe not all that far down the line, either. That trend is the plunge in ...

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A Lot Of People Are Going To Take A Walk

5 hours ago ago from The Housing Bubble Blog

A report from the Arizona Republic. When the housing market crashed, inflated appraisals were a factor, especially in connection to mortgage-fraud schemes that artificially inflated home prices and made the fall in values all that much steeper. Julie Friess has been a Sedona appraiser for 22 years and is part of the Coalition of Arizona Appraisers working to strengthen state regulation of the profession. A few years ago,' she said, we had an ...

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Bay area home sales, prices show rising trend

4 hours ago ago from U.S. News

Bay area home sales, prices show rising trend SAN DIEGO (AP) -- Sales and prices of homes in the San Francisco Bay area appear to be stabilizing, with fewer foreclosures and more activity in pricier areas than a year ago, a tracking firm said Thursday. San Diego-based MDA DataQuick said the median price for a home in the Bay area last month was $387,000, down slightly from October but up 10.6 percent from $350,000 in November 2008. Sales ...

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Amid crisis, Cuba falls short on home-building

23 hours ago ago from U.S. News

Amid crisis, Cuba falls short on home-building HAVANA (AP) -- Cuba built about 20,000 homes in 2009, meeting barely 60 percent of its modest annual construction goal and further exacerbating a severe housing crunch, the official press said Thursday. A report prepared for Sunday's session of parliament indicates that authorities missed by more than a third the target of building 32,000 homes this year. There was no reason given for ...

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