Boom | Bust

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Silicon Valley ‘second bubble’ a drop in a bucket of booming home prices

Drooping inventories, heavy demand, cheap, but not easy money, the lure of a major tech-mecca economy – and, yes, the weather – have combined to resurrect Silicon Valley’s housing market where home prices in many sectors of the market have returned to and exceeded peak prices of the last boom.

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SF Bay Area home prices rise, sales fall as distressed share shrinks

San Francisco Bay Area home prices haven't been higher since 2008, but market conditions are less favorable for home sales. SF Bay Area home prices continued to rise in

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National Mortgage Settlement compliance failures laced with 60,000 consumer complaints

Consumer advocates already knew banks were failing to comply with provisions of the $25 billion National Mortgage Settlement, an agreement between mortgage lenders, states and the federal government

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Shadow inventory unleashed could be good for business

The federal government holds more than 1.7 million distressed properties considered "shadow inventory" properties that many fear could disrupt the housing market if they were suddenly unleashed on

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Short sale scammers still making the rounds

RAE CATANESE - If you've been struggling with your mortgage payments, miss a few and then get a call from an "investor" claiming a desire to buy your

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Property taxes rising with booming home values in Silicon Valley

It was inevitable. For homeowners, the cost of higher home values is higher property taxes. In Silicon Valley, where the tech economy has pushed unemployment levels down to 6.6 percent,

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DeadlineNews.Com’s offsite National Mortgage Settlement coverage

DEADLINE NEWSROOM - DeadlineNews.Com is committed to following the National Mortgage Settlement with stories appearing here and elsewhere. Our National Mortgage Settlement coverage here, on DeadlineNews.Com, is bolstered by

pricevssupply

Is the residential real estate inventory shortgage real?

For the past few months there has been a steady stream of reports that the real estate marketplace somehow has an inventory shortage. This simply isn't possible when at

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First-timers, existing homeowners driving the housing recovery

Forget the golden goose investor-element that's helping fuel the housing recovery. Potential buyers? Your fence sitting days are numbered. Many investors are largely bottom feeders (buy low, rent and or

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Who will get the real mortgage crisis profits?

The stock market has reached new highs, home sales are soaring and interest rates are in near record lows. All this suggests the end of the housing crisis is

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How long will the Fed buy mortgage-backed securities?

VANGUARD - Amid reports of reduced consumer prices and a spotty job market, the Federal Reserve's upcoming policy meeting likely will grapple with the question: How long should

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California’s home prices at highest level in 5 years; competition intensifies

CALIFORNIA ASSOCIATION OF REALTORS - Strong sales in higher-cost coastal regions and heated market conditions drove home prices in California to the highest levels in March since May

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South SF Bay Area market remains short on supply; sales mixed, prices rising

"For sellers, stick with the comparables and don"t be overzealous in pricing your property. For buyers, get yourself pre-approved for a mortgage before you start looking and be

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4.2 million Independent Foreclosure Review-related payments up to $125,000 begin today

FEDERAL RESERVE BOARD - Payments to 4.2 million borrowers are scheduled to begin today April 12 following an agreement reached by the Office of the Comptroller of the

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Holy Sacramento!

Remember when Sacramento was one of the hardest hit cities in the nation during the housing crisis? Now, with the nation's largest drop in homes for sale, Sacramento, CA

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