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August 20, 2016 California home sales stumbled in July as low inventories and eroding affordability dragged down the housing market, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Closed sales of existing, single-family homes in California totaled a seasonally adjusted annualized rate of … Continue reading
August 04, 2016 The share of Americans who own their own homes dropped to the lowest rate since 1965 and well below its peak of 69.2 percent in June 2004, according to the U.S. Census Bureau. This rate was lower than the second quarter … Continue reading
June 30, 2016 Britain’s vote to exit the European Union will likely have a long-term impact on the world economy, according to an article in REALTOR magazine. “Demand for U.S. real estate could rise,” says NAR Chief Economist Lawrence Yun. While a rise … Continue reading
June 06, 2016 There are about 850,000 homes with equity lines that were taken out in 2005, and 1.25 million each for 2006 and 2007, totaling about $192 billion in all. HELOCs taken out in 2005, 2006, and 2007 make up 52% of … Continue reading
May 31, 2016 1. Where’s a good place to buy? Buying a vacation home is a bit like getting married: After enjoying the destination as a casual visitor, it’s time to make a long-term commitment and settle down. Choosing where to buy depends largely … Continue reading
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