Below you will find some fantastic links to some great Real Estate Market Information!
Stay informed and make the most of your property!
Let me know how I can help!
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Million Dollar Home Sales Jump in U.S. as Wealthy Return
Home sales from Los Angeles to Charleston, South Carolina that are priced at more than $1 million are gaining at triple the pace of the broader market, according to real estate research firm DataQuick Inc
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Seller’s market: home sales and prices rise; supply falls
Home sales percolated higher in July, with pending sales, closed sales and prices all substantially higher than the same month in the previous year in most counties of Washington state
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King County median home price up 15 percent over year ago
A bump in interest rates in July didn’t derail the strongest home-buying stretch in the Seattle area since 2007, as the median price climbed year-over-year for the 16th consecutive month
http://seattletimes.com/html/businesstechnology/2021549284_julyhomesalesxml.html
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Forecasters say home values will jump 6.7 percent this year
More than 100 economists, real estate experts, and investment and market strategists predict home values will rise an average 6.7 percent year over year in 2013, according to Zillow’s latest home price expectations survey – See more at:
http://www.inman.com/wire/forecasters-say-home-values-will-jump-6-7-this-year/#sthash.cKtj0HFJ.dpuf
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Highlights of Zillow’s Interview with President Obama
President Obama answers housing questions from Americans around the country in an interview with Zillow CEO Spencer Rascoff.
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NAR: Obama’s Zillow-moderated housing chat ‘not a serious discussion’
The selection of Zillow CEO Spencer Rascoff as the moderator of President Barack Obama’s chat with America about housing today seems to have the National Association of Realtors scrambling to explain how Zillow, and not NAR, got the call from the White House
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Obama Looks to End Fannie Mae, Freddie Mac
President Barack Obama on Tuesday officially launched his campaign to transfer most of the risk currently undertaken by Fannie Mae and Freddie Mac to the private sector, saying during a speech in Arizona that the U.S. government should phase out the mortgage finance giants as part of an effort to prevent another taxpayer-funded bailout
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Fannie Mae Makes It Rain for Obama
Fannie Mae (FNMA) said this morning that its second-quarter profit nearly doubled, to $10.1 billion, as home prices surged and more consumers made good on their mortgage payments
http://www.businessweek.com/articles/2013-08-08/fannie-mae-makes-it-rain-for-obama
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Oregon home prices keep going up and up and up
Oregon ranked No. 6 in the nation for rising home prices in June
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Hip, Urban, Middle-Aged
Baby boomers are moving into trendy urban neighborhoods, but young residents aren’t always thrilled
http://online.wsj.com/article/SB10001424127887324136204578644080452044960.html
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Should Home Sellers Overprice or Underprice Real-Estate Listings?
“The Price Is Right” isn’t just a game show. It is a mental strategy real-estate agents use to get the most money when listing a home.
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When Condo Developers Suggest Preferred Lenders
Some condo developers and owners are playing favorites, asking potential buyers to use a “preferred” lender when buying a home
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Eminent Domain Abuse
Robert Hockett of Cornell University Law on the Kudkow Report
http://blogs.wsj.com/developments/2013/08/08/mortgage-delinquencies-hit-five-year-low/
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Freddie Mac may sue over eminent domain seizures
Freddie Mac on Wednesday said it is considering legal action against Richmond, Calif, if the city uses eminent domain to seize mortgages of local residents
http://www.cnbc.com/id/100946560
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Frank Sinatra’s party pad
Back in his heyday, ‘Ol’ Blue Eyes’ leased this mid-century modern estate perched high above Los Angeles
http://money.cnn.com/video/pf/2013/07/18/pf-uh-frank-sinatra-party-pad.cnnmoney/index.html
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California city’s drastic foreclosure remedy: Seizure
The California city of Richmond said Tuesday that it’s ready to take an extraordinary step in its bid to stop foreclosures — threatening to wrest mortgages from the investors who now control them
http://money.cnn.com/2013/07/30/real_estate/richmond-underwater-homes/index.html
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Million-dollar ranches for sale
Located on hundreds of acres in some of the most scenic parts of the U.S., these ranches are selling for millions of dollars
http://money.cnn.com/gallery/real_estate/2013/07/18/million-dollar-ranches/index.html
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Oh, yeaaahh: Iconic house from ‘Ferris Bueller’s Day Off’ for sale
Remember this house? Cameron Frye, Ferris Bueller’s best friend in the cult classic Ferris Bueller’s Day Off, kicks a car through those windows. The listing is held by Meladee Hughes of Coldwell Banker Residential Brokerage
http://www.nbcnews.com/business/oh-yeaaahh-iconic-house-ferris-buellers-day-sale-6C10869250
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Mortgage rate spike finally hits housing
A sharp jump in mortgage rates from May to June are now beginning to weigh on the housing recovery
http://www.cnbc.com/id/100952350
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Million-dollar ranches for sale
Located on hundreds of acres in some of the most scenic parts of the U.S., these ranches are selling for millions of dollars
http://money.cnn.com/gallery/real_estate/2013/07/18/million-dollar-ranches/index.html
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Banks face more housing headaches
CNBC’s Jackie DeAngelis has the latest details on federal regulations taking aim at JPMorgan and PNC over mortgage related issues
http://video.cnbc.com/gallery/?play=1&video=3000189235
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Bathtubs That Make a Splash
A new wave of bath designs, from the high-tech to the artistic
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Home prices post highest annual gain in 7.5 years Aug 8, 2013
U.S. median home prices posted their highest annual gain in 7 1/2 years in the second quarter of 2013 –
http://www.inman.com/wire/71941/
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Home prices trending at fastest upward pace since 1977
U.S. home prices rose for the 16th consecutive month in June and are trending at the fastest upward pace since 1977 –
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Here’s Where President Obama Is Going on Vacation
Julianna Goldman reports on President Obama’s $7.6 million Martha’s Vineyard vacation home. She speaks on Bloomberg Television’s “In The Loop.” (Source: Bloomberg
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Summer Rentals for Procrastinators
$295,000 for August including Labor Day, or $150,000 for two weeks in August
Southampton, N.Y.