Monthly Archives: December 2014

Modest Gain in November Home Sales

Pending Home Sales Show Modest Gain in November WASHINGTON (December 31, 2014) – Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions … Continue reading

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First Offer Temptation

HOME SELLERS: THE CURSE OF THE FIRST OFFER By Bob Hunt December 30, 2014 Sometimes when everything goes right we have trouble accepting that fact. Perhaps nowhere is this phenomenon more clearly illustrated than in the case where a seller … Continue reading

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Fixed Mortgage Rates Dip Below 4%

Fixed Mortgage Rates Dip Just Below Four Percent MCLEAN, VA–(Marketwired – Dec 24, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates edging slightly higher while remaining … Continue reading

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Housing in Uneven Recovery

Housing in Uneven Recovery as Home Sales Decrease: Economy By Victoria Stilwell December 22, 2014 Sales of previously owned U.S. homes slumped in November from a one-year high, underscoring the uneven nature of the current recovery in residential real estate … Continue reading

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Homeowners Underestimate their Property Value

Homeowners often underestimate the value of their property, an analysis finds By Kenneth R. Harney December 19, 2014 Do American homeowners think their properties are worth less than the actual market value, as measured by professional appraisers?

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Home Sales Lose Momentum in November

Existing-Home Sales Lose Momentum in November as Inventory Slightly Tightens WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of … Continue reading

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November Home Sales, California

California November Home Sales December 16, 2014 An estimated 29,459 new and resale houses and condos were sold in California in November 2014. That was down 20.0 percent from 36,830 sales in October 2014, and down 11.9 percent from 33,429 … Continue reading

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Winter is a good time to buy and sell a house

Even in cold-weather areas, winter is a good time to buy and sell a house By Kenneth R. Harney December 12, 2014 So you’ve begun thinking about selling your house, and you figure: Let’s wait until the spring or early … Continue reading

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Fixed Mortgage Rates Dip Below 4%

Fixed Mortgage Rates Dip Just Below Four Percent MCLEAN, VA–(Marketwired – Dec 11, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates slightly up from the last … Continue reading

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Santa Barbara Real Estate Stats

This is an analysis of the Santa Barbara Real Estate market including Carpinteria/Summerland, Montecito, Hope Ranch, downtown Santa Barbara and Goleta through the month of November 2014.

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