Category: Data, Data, and More Data

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Is Housing’s False Bottom Beginning to Give Way?

By HS on Sep 24, 2009 in Data, Data, and More Data, Home Economics, What You Need To Know About Buying and Selling Real Estate

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Despite all the efforts of our Government to prop up the housing market, both sales and prices have resumed their downward trends.
From The National Association of Realtors Existing-Home Sales Ease Following Four Monthly Gains
Existing-home sales in August gave back some of their strong gain in July but remain above year-ago levels, according to the National [...]

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Home Prices Up 0.3%

By HS on Sep 22, 2009 in Data, Data, and More Data

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The July FHFA Home Price Index rose 0.3% from June. This was less than the 0.5% percent that analysts were expecting.
June was revised lower, down from a gain of 0.5% to a gain of 0.1%.
The FHFA index only tracks single family mortgages backed by Fannie Mae and Freddie Mac. This is a different sampling of [...]

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California’s Unemployment Rate Rises to 12.2%

By HS on Sep 18, 2009 in Data, Data, and More Data

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The LA Times reports California’s unemployment rate rises to 12.2%

Despite signs an economic recovery has begun in the state, California’s unemployment rate inched up in August, once again setting a new postwar high at 12.2%.
The state is one of 14 in the nation with an unemployment rate in the double digits, the Bureau of Labor [...]

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Bay Area Home Sales Experience Abnormal Sales Decline

By HS on Sep 17, 2009 in Data, Data, and More Data

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Usually, home sales increase from July to August. With available inventory down roughly 60% from a year ago this August saw home sales drop 14.3%.
DataQuick News reports Bay Area August home sales and median price fall

La Jolla, CA.—-Bay Area home sales bucked the seasonal norm and fell last month from July, though they remained higher [...]

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