Parking garage: Public, private? – Foster’s Daily Democrat

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Parking garage: Public, private?Foster’s Daily DemocratThis commercial parking enterprise must include paying Dover real estate taxes for the value of the improved real estate. Dover residents today are surrounded by many excellent shopping areas and restaurants with free parking. These include … It is … …read more

Leaving Las Vegas – Press of Atlantic City

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Leaving Las VegasPress of Atlantic CityThe house is located on Stockbridge Court, a secluded cul-de-sac neighborhood carved into the pines off Jimmie Leeds Road, just down the street from the Stockton Seaview Hotel and Golf Club. It was two … They’re all in Vegas and California. I’m not … …read more

National Median Price Hits $174500 in July, Up Six Percent Over Last Year – National Mortgage Professional Magazine

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National Mortgage Professional Magazine National Median Price Hits $174500 in July, Up Six Percent Over Last YearNational Mortgage Professional MagazineThose four states also posted the four biggest annual increases in median home prices in July: California (up 31 percent); Nevada (up 27 percent); Arizona (up 21 percent); and Georgia (up 20 percent). The national median […]

RealtyTrac: SD-area market home sales volume down 19% in July – San Diego Source (subscription)

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MarketWatch RealtyTrac: SD-area market home sales volume down 19% in JulySan Diego Source (subscription)“Low inventory of homes available for sale is proving to be a double-edged sword in many local housing markets that have bounced back quickly from the real estate slump,” said Daren Blomquist, vice president at RealtyTrac. “Home prices are accelerating …RealtyTrac: Nevada […]

RealtyTrac: SD area market home sales volume down 19 percent in July – San Diego Source (subscription)

Posted by & filed under Stockton Real Estate.

RealtyTrac: SD area market home sales volume down 19 percent in JulySan Diego Source (subscription)“Low inventory of homes available for sale is proving to be a double-edged sword in many local housing markets that have bounced back quickly from the real estate slump,” said Daren Blomquist, vice president at RealtyTrac. “Home prices are accelerating … […]

RealtyTrac: July Home Sales Up 4% Compared To June – Mortgageorb

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RealtyTrac: July Home Sales Up 4% Compared To JuneMortgageorbCorresponding with that, the four states that posted the biggest annual increases in median home prices in July included California (up 31%), Nevada (up 27%), Arizona (up 21%) and Georgia (up 20%). … “Low inventory of homes available for sale is … …read more

Why Double-Digit Unemployment Persists in Pockets – 24/7 Wall St.

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Why Double-Digit Unemployment Persists in Pockets24/7 Wall St.In the central part of California, which sits in from the coast, unemployment is above 10% in Stockton, Fresno, Madera, Merced, Modesto, Visalia and Yuba City. Among … Literacy rates are low, crime rates high and real estate values have cratered …and more …read more

FHA increases as investors buy less in Sacramento

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By Ryan Lundquist The “force” is growing stronger with FHA lately in Sacramento. Yes, that was a Star Wars reference. The latest stats over the past couple of months show an uptick in FHA loans by 2% when considering the entire county and 4% when looking at sales under $200,000. As you can see, less […]

The investor trade is crowded: Median price for homes purchased with cash financing reaches highest level ever.

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By drhousingbubble Investor demand for housing is largely responsible for the feeding frenzy in real estate over the last couple of years. Yet this unrelenting demand is unsustainable and it looks like cracks are forming in the investor trade. First, the median price paid by those using “cash” financing has reached an all-time peak. Not […]

Cash Purchases Jump to 40 Percent of All Sales in July as Sales Volume Drops … – DigitalJournal.com

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Cash Purchases Jump to 40 Percent of All Sales in July as Sales Volume Drops …DigitalJournal.comWhile sales volume continued to increase nationwide, eight states posted annual decreases in total sales, including California (down 17 percent), Arizona (down 11 percent), Nevada (down 7 percent), and Georgia (down 2 percent). Those four states also … …read more

Cash Purchases Jump to 40 Percent of All Sales in July as Sales Volume Drops … – Marketwire (press release)

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Cash Purchases Jump to 40 Percent of All Sales in July as Sales Volume Drops …Marketwire (press release)While sales volume continued to increase nationwide, eight states posted annual decreases in total sales, including California (down 17 percent), Arizona (down 11 percent), Nevada (down 7 percent), and Georgia (down 2 percent). Those four states also … […]

RealtyTrac: Nevada Home Prices Jump But Sales Fall – KLAS-TV

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RealtyTrac: Nevada Home Prices Jump But Sales FallKLAS-TVThe median home price in Nevada last month shot up 27 percent over July 2012 but total sales were down 7 percent over the same period, according to the real estate analytics company from Irvine, Calif. California led the way with a 31 percent hike in … …read […]

Remembering basic economics in real estate

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By Ryan Lundquist Have you ever watched the TV show Antiques Roadshow on PBS? Once in a while I’ll catch an episode since it’s always interesting to see what people’s stuff is worth. If only I had that type of “junk” lying around my house. While watching the other day with my sons, it was […]

RECENT HOME SALES – Palo Alto Online

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RECENT HOME SALESPalo Alto OnlineHome sales are provided by California REsource, a real estate information company that obtains the information from the County Recorder's Office. Information is recorded from deeds after the close of escrow and published within four to eight weeks … …read more

Bullish on the US, and Bullish on ETFs – Barron’s

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Bullish on the US, and Bullish on ETFsBarron’sIn California, there have been challenges in Stockton, San Bernardino, and other strapped cities to the primacy of the claim that Calpers—the California Public Employees’ Retirement System—has on their revenue. Calpers has the power to force … …read more

Real Estate And REITS As An Investment – Forbes

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Real Estate And REITS As An InvestmentForbesIndividual real estate properties meet none of the usual tests for market efficiency: Each parcel is unique, transaction costs are very large, sales occur only occasionally, and market knowledge is often local and restricted, making this an insider's …and more …read more