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Promising Signs for More Improvement in Housing Market in 2013
Happy New Year! The housing market, both in the Bay Area and across the country, certainly showed impressive gains in 2012 with sales and median sale prices up in most markets and distressed sales and foreclosures down. In fact, the biggest challenge many of our local markets faced last year was not having … [Read More]
Mixed Economic Signals: Better GDP & Housing vs. Worse Corporate Earnings
By now it's clear that this will not be an easy economic recovery. For every two steps forward we take one step back, as this week's mixed economic signals show. On one hand, it was good to see improved GDP growth figures announced Friday. The U.S. economy grew at a better-than-expected 2 percent annual … [Read More]
Existing Home Sales Rise 2.3 Percent on Pent-Up Demand
U.S. existing home sales rose 2.3 percent in July to 4.47 million from 4.37 million in the previous month but missed analysts' estimates, according to the National Association of Realtors. "It's pretty much in line with market forecasts," said Omer Esiner, chief analyst at Commonwealth Foreign Exchange. … [Read More]









