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la selva beach: Investor's are back in the market - 02/09/10 01:24 PM
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la selva beach: California Affordability Inches Downward - 09/29/09 01:04 PM
Housing affordability inched downward throughout the state during the second quarter of 2009 as a result of incremental price increases and increased demand sparked by the state new-homebuyer tax credit, the California Building Industry Association said today. The quarterly National Association of Home Builders/Wells Fargo Housing Opportunity Index found that homes were less affordable in 16 of the state<s least affordable market for the fifth quarter in a row (21.2%). www.soldonsantacruz.com … (1 comments)
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la selva beach: Inventory Declines, While Pending Sales Continue to Rise - 09/29/09 12:57 PM
Inventory of single-family, re-sale homes fell for the thirteenth month in a row in August, and it is now down 43.1% year-over-year. Pending sales, meanwhile, climbed 31.3% from July, and were up 100.5% compared to August 2008. The median price for singlefamily, re-sale homes lost 7.5% in August. Year-overyear, the median price was off 13.4% Sales of single-family, re-sale homes were up, year-over-year, by 3.2% in August. Year-to-date, home sales are up 16.6%. Days of Inventory rose seven days to 129 days. In a balanced market, the supply of homes is usually around five to six months. For condos, the indicator … (0 comments)
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la selva beach: Mortgage Rate Outlook - 06/16/09 09:12 AM
Mortgage Rate Outlook May 29, 2009 -- Bond and mortgagemarkets spasmed this week, andthe corresponding sharp rise inrates over a two-day period servedas a reminder that even a batteredprivate market markets can be adangerous animal. It wasn't completelyclear what sparked the rout,but there was speculation that acombination of unclear goals inFederal Reserve quantitative easingprograms, floods of new sovereigndebt and shoddy treatment of GMbondholders all led to the selloff.Yields on the 10-year Treasurybond had lifted by just over half apercentage point in a few days'time, taking conforming fixed mortgagerates along for the ride. Afterstanding at a familiar 5.03% onTuesday, Conforming 30-yearFRMs leapt … (0 comments)
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Charles Lynn
Santa Cruz,
CA
More about me…
David Lyng Real Estate
Address: 2170 41st Ave., Capitola, Ca, 95010
Office Phone: (831) 464-0100
Cell Phone: (831) 247-4577
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