Tag Archives: dramatic drop

Home Prices Fall More Quickly In Big Cities

Home prices have been dropping more quickly than expected in San Diego and San Francisco, cities that saw a steady appreciation in home prices during the first half of 2010. Home prices have dropped in 18 of the 20 cities … Continue reading

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Dramatic Drop In CA Mortgage Defaults

Defaults in California were down about 25% in the fourth quarter. Much of the credit for this belongs to the Obama administration’s mortgage modification program. How much significance can we give to these numbers? Only time will tell. For three … Continue reading

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Home Sales Rise 10% In September

With a tax credit for new home purchases (as a primary residence) thought to be expiring, a lot more homes were purchased in September than expected. The housing market has held steady for about four months. This is one of … Continue reading

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UK’s Dramatic Drop In Mortgage Lending

From the Guardian: The property market slump seems set to intensify after the major banks revealed that the number of new mortgages approved in April was the second lowest on record. In overall terms, April’s underlying net mortgage lending was … Continue reading

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