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Sterling Pacific
9 followers -
Northern California trust deed investment firm.
Northern California trust deed investment firm.

9 followers
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The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016

http://hubs.ly/H06hsYy0

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The Definitive Housing Market And Interest Rate Forecast For 2017: Active and higher!

http://hubs.ly/H06hsjl0

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Smaller homes see prices rise faster: While individual market dynamics and trends vary, in 17 of the 20 metro areas analyzed, listing prices of the smallest 25% of homes grew fastest when calculated as a percentage. The median annual growth rate for the smallest quartile of homes was 8.9% from 2013 to 2016. The second-smallest group of homes had the second-fastest growth rate, with median annual growth of 7.4%.

http://hubs.ly/H06hsDl0

We are forecasting that the fed short term rate will stand pat next month, with the next increase not likely until June 15. What do you think?

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After reaching a 50-year low in mid-2016, the homeownership rate edged up for the second consecutive time in the final quarter,” Capital Economics Property Economist Matthew Pointon said. “A lack of inventory is preventing a faster rebound in homeownership.

http://hubs.ly/H06gJBV0

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Update California RE market data from CAR: http://hubs.ly/H06gKc40

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Santa Cruz County market data trend including December data... check it out here:

http://hubs.ly/H06gJgX0

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THE S&P CORELOGIC CASE-SHILLER NATIONAL INDEX HITS NEW PEAK AS HOME PRICE GAINS CONTINUE

Read the full release here: http://hubs.ly/H06gJgy0

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Whatever the precise course of rates over the next year, it’s a good sign that consumers are aware that they could be rising, and that their response is to try to get ahead of it in order to buy a home.

http://hubs.ly/H06gG420

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First time buyers are purchasing with an average 6% downpayment...

http://hubs.ly/H06fjxQ0
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