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Salinas Real Estate Heats Up
For the Monterey County real-estate industry, it’s game on. Key indicators across the board are showing a vibrancy not seen since the financial market crash of 2008. More homeowners are seeing equity return as fewer mortgages are underwater. Home sale prices are back to within a whisker’s width of where they were in 2008 at [...]
Continue Reading →California Real Estate Forecast for Summer 2013
Are you finally off the fence and doing a little home shopping? As the market heats up and sellers regain control, here are a couple of trends to consider. Low mortgage rates The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently hovering near historic lows, at 3.78 percent. And while rates have crept up this [...]
Continue Reading →California Real Estate Posts Strongest Price Increase in US
Real estate prices continue to rise, and housing markets in the West are leading the way. Some East Coast markets are exhibiting weakness. In March, the median sales price for new homes was $247,000, increasing from the previous month’s $226,400, according to the Census Bureau and the Department of Housing and Urban Development. The average [...]
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