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Real Estate
Steinberg’s bill would provide funding for affordable housing, but critics ask: Where’s the money?
There are rumblings that the economy is improving, but that's hardly felt these days in the Santa Clara real estate market. The number of homes in the process of foreclosure rose dramatically this year, from a low of 1,661 in February to a high of 4,661 in October, an increase of almost two hundred percent. While the number of foreclosure sales has more or less flat-lined in that time, they still stand at 479, almost double the March low of 247. More
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Real Estate
Report shows most Realtors and brokers fear a hard 2010.
The commercial real estate market can expect another hard year in 2010, with recovery delayed to 2011. This is the finding of a new LoopNet poll for Q4 of 2009, surveying investors, brokers, and property owners. More
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Real Estate
According to a recent study, things are worse everywhere else.
There's good news for Silicon Valley's real estate market. In a study of distressed markets across the country, Real Capital Analytics found that the region has the lowest amount of distressed properties in the country, with a total value of just $556 million. More
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Real Estate
Reid-Baucus plan would push $8,000 credit for first-time homebuyers to 2010.
Faced with a potential drop in real estate sales, the Senate is voting to extend the popular $8,000 tax credit for first time homebuyers, which is due to expire on Nov. 30. More
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Real Estate
With the federal tax credit for homebuyers set to expire in November, Santa Clara County reported 1,307 home sales this September, up almost 20 percent from 1,116 in September 2008 and up 9 percent from August 2009. More
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Real Estate
Silicon Valley continued to be battered by a wave of foreclosures in September. But private residences aren’t the only victims of the state's foreclosure crisis. More
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Real Estate
With the signing this week of SB 237, California became the sixth state in the nation to regulate appraisal management companies to ensure that they follow the Home Valuation Code of Conduct. More
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Real Estate
The housing market may be down, but KB Home believes it found the incentive to get people to buy into its new project in North Haven, San Jose. The forty homes in the 14-acre, $30 million development will all be built according to strict "Build It Green" guidelines. More
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Real Estate
Though the average price for condominiums and single-family homes in Santa Clara County dropped slightly in September as compared to August, the total number of sales increased, along with the median price for all properties sold, indicating a slight improvement in the local real estate business. More
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Real Estate
Social networking sites are playing a growing role in the California real estate market, according to a report by the California Association of Realtors. More
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