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Archive for October 30, 2015

Homeownership Rate Rises for First Time in 2 Years

lisasheppard | October 30, 2015
After dropping to the lowest level in 48 years in the last quarter, the homeownership rate in the United States increased to 63.7% in the third quarter, climbing from 63.4% in the second quarter, according to data from the Department of Comme...

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What’s California Real Estate Going To Do in 2016?

lisasheppard | October 20, 2015
California’s housing market is expected to improve in 2016, but a shortage of available inventory and continuing high costs are expected to limit the price growth, according to a report released last Thursday by the ...

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Distressed Sales Down to Just 9% of Homes Sold

lisasheppard | October 16, 2015
Distressed sales, which include real estate-owned properties and short sales, accounted for 9.4% of total home sales nationally in July 2015, down 2.1 percentage points from July 2014 and down 0.4 percentage points from ...

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Sonoma County Home Prices Jump in August

lisasheppard | October 12, 2015
Sonoma County home prices climbed 10.2 percent in August from a year earlier, far outstripping the rise in home prices statewide, property data service CoreLogic reported Tuesday. To read more, Click Here.  

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Fannie Mae, Freddie Mac Announce New Mortgage Buyback Rules

lisasheppard | October 7, 2015
Fannie Mae and Freddie Mac have announced a set of new policies pertaining to mortgage buybacks designed to promote transparency and increase access to credit-to-worth borrowers.  The new rules will take effect January 1, 2016. To read mo...

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