Daily Real Estate News | June 11, 2009
The Federal Reserve’s Beige Book report released Wednesday found five of the Fed’s 12 regions reporting improved business activity. Most reported an increase in home sales and some stabilization in new-home construction, albeit at low levels.
The survey, which is based on phone interviews with businesses in all parts of [...]
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The home data surprised the street today, reports CNBC’s Diana Olick.
more about "Pending Home Sales up 6.7% in April", posted with vodpod
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Interesting info – Death Row inmates in San Quentin, Calif., have a highly coveted view that the state and developers eye as opportunity. It’s a view shared with a tiny housing community whose main street shares an entrance to the famed prison. Stacey Delo reports.
more about "Death [...]
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Another piece of the pie.
The Obama Administration’s program to rescue distressed home owners got off the ground this week. The program was announced on Feb. 18, but it took several weeks to put the bureaucracy in place.
Six of the nation’s largest banks signed up to participate, the Treasury Department announced Wednesday. They are JPMorgan [...]
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In SoMa 16 units were sold this February compared to 21 units last February. The median sales price slipped from $685,000 to $621,000 or approximately 10%. As always, please note that this information only pertains to properties that were listed in the San Francisco MLS.
Daily Real Estate News | March 11, 2009
Housing sales are improving significantly in [...]
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It is not unusual “for me” to work with a client for many months prior to their home purchase. I can guide you through the process from start to finish and will be there to answer all of your questions along the way.
Daily Real Estate News | February 19, 2009
Here’s a warning for potential borrowers: Nervous lenders have [...]
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Daily Real Estate News | February 10, 2009
The inventory of existing homes for sale in 29 major markets covered by ZipRealty declined an average of 2.5 percent in January 2009, compared to December 2008 and down 13 percent compared to January 2008.
This is a good sign, especially when considering that typically inventories rise in January after [...]
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I truly appreciate all of you who have put your trust and faith in me this past year! I hope you have a great holiday and see you in 2009.
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South Beach
1 Beds – $583,500
2 Beds – $1,192,500
South of Market
1 Beds – $650,000
2 Beds – $700,000
Mission Bay
1 Beds - N/A
2 Beds – $810,000
Potrero Hill
1 Beds – $586,250
2 Beds – $699,000
The average combined days on market for one bed condos/lofts that sold during October is 69, two beds is 53. One beds that sold within the first 30 [...]
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I’m taking the rest of the week off. I hope you have a chance to enjoy the holiday as well. Have a happy Thanksgiving!
Cheers,
Michael Novia
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