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You’ve heard that real estate is about location, location, location. Specially in Sacramento, California. With plenty of major metro areas, attractions, and that whole…Hollywood thing, California’s real estate market is something to watch and avidly follow (with popcorn).

 

And normally, the differences between NorCal and SoCal’s real estate markets are immediately apparent, like the differences between skinny hipster jeans and surf shorts. I was gearing up to spend an entire week researching each metro area, noting the subtle differences and reporting my findings. But imagine my surprise when my extensive data pointed me to an unexpected conclusion: every major California market is trending in the exact same direction! Read More→

Categories : Real Estate, statistics
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Dec
15

Breaking Real Estate News

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 Build A Fortune With Real Estate Foreclosures And Short sales – Click Here!

The San Francisco Chronicle

Mortgage debt at lowest level in nearly 5 years
The volume of outstanding home mortgages declined to $9.88 trillion from $9.94 trillion June 30, according to Federal Reserve data released Thursday.

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USA Today

What went wrong with foreclosure aid programs
The Obama administration’s initial foreclosure-prevention programs were intended to help 7 million to 9 million people.  So far, they’ve aided about 2 million, and not all of those are out of foreclosure danger.

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The Los Angeles Times

Consumer protection bureau opens mortgage complaint hotline
The Consumer Financial Protection Bureau’s new mortgage complaint service is an extension of the agency’s existing hotline for credit card-related disputes and inquiries.

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The Wall Street Journal

REALTORS® to revise 2007-2011 sales data lower
The NATIONAL ASSOCIATION OF REALTORS®, which publishes a monthly report on sales of previously occupied homes, said it will release revisions to home sales for 2007-2010 and for the first 10 months of this year.

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Build A Fortune With Real Estate Foreclosures And Short sales – Click Here!

By The California Association Of Realtors

The Survey of California Home Buyers is the 11th annual CALIFORNIA ASSOCIATION of REALTORS® (C.A.R.) buyer survey that details how home buyers have changed their behaviors in recent years to adapt to the new housing market environment and to the increased use of the Internet in the real estate business.

Key Findings Read More→

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By: Oscar Wei, senior research analyst


Mar 03, 2011

When a seller accepts a sales contract on a property, it is recorded into a Multiple Listing Service (MLS) as a “pending home sale.” Read More→

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