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Archive for June 29, 2015

Bay Area Home Sales, Price Growth Lead Golden State

lisasheppard | June 25, 2015
The California Association of Realtors reports that the Bay Area was the only region in California where homes sold at a premium in May, with final sales prices an average of 7.3 percent above asking prices.  In Sonoma County, the median p...

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Real Estate Roundup: 30-Year Mortgage Tops 4 Percent

lisasheppard | June 23, 2015
Recent news of interest to home buyers, home sellers, and the home-curious includes a report from Freddie Mac that mortgage rates reached new highs for 2015. The U.S real estate market, meanwhile, is on track for its best year since 2006. ...

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Buying a Home in the Bay Area Is Still Cheaper Than Renting

lisasheppard | June 17, 2015
Think it's cheaper to buy a home than to rent?  Not so according to the latest statistics. Home prices grew slightly faster than rents across the country over the past year, but purchasing a property remains the less-expensive option, t...

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Real Estate Executives Forecast More Growth in 2016

lisasheppard | June 16, 2015
New home sales and prices should rise in the coming year, say recent projections from housing industry executives, while the chance of a downturn over the next three years appears less likely than it did one year ago.  Additionally, along ...

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Pacific Union’s May 2015 Real Estate Update

lisasheppard | June 11, 2015
SONOMA COUNTY The median sales price in Sonoma County has been gradually rising since January and reached a one-year peak in May: $546,000. At 1.7, the MSI was unchanged from the previous month. Properties sold in an average of 64 days ...

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Mortgage Availability Improves for Sixth Straight Month

lisasheppard | June 4, 2015
Good news for home buyers: It’s becoming easier to get a mortgage. The Mortgage Bankers Association says that relaxed government regulations, new offerings from federal loan programs, and new jumbo-loan options helped improve access to...

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Home Prices Are Rising in Scenic, Seaside Bodega Bay

lisasheppard | June 2, 2015
Not far from Sonoma County’s two largest cities but a world apart from the bustle of the Bay Area, the laid-back coastal community of Bodega Bay is steeped in the natural beauty that has long drawn people to Northern California — one re...

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