Archive of posts tagged share

Sales of Distressed Properties Down in California, Equity Sales Up

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Sales of Distressed Properties Down in California, Equity Sales Up In California, the sale of distressed properties slowed down as equity sales picked up in February after two months of decline, the California Association of Realtors (C.A.R.) reported this week. “A lack of inventory in the bank-owned (REO) and short sale market was a contributing …

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SOPA & PIPA: Their effects on real estate

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I’m sure you’ve heard of SOPA and PIPA by now–the anti-piracy legislation potentially being passed by the federal government.  If passed, this would affect a plethora of websites across the Internet; effecting many industries, including real estate. The purported purpose of both SOPA and PIPA is to prevent online piracy. However, “The legislation, say critics, …

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All-cash bought a third of homes in 2011

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Despite record low mortgage rates, 2011 has seen a surprisingly high level of cash home purchases, according to the real estate research firm Hanley Wood Market Intelligence. Jonathan Dienhart and Ken Lee, two analysts with the company, say between tight lending standards and a desperate search for yield by investors, cash purchases of homes – …

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Existing-Home Sales Soar to Seven-Month High

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Sales of previously owned homes surged 12.3 percent in December, according to data released by the National Association of Realtors (NAR) Thursday. Existing-home sales have increased five of the last six months and have now hit a seven-month high, at a seasonally adjusted annual rate of 5.28 million units. That’s up from a rate of …

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