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Category Archive for: ‘Real Estate News’

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Government Shutdown Ends – What It Means for Mortgage Market

Now that the U.S. government is once again up and running, it’s time to take stock of the government shutdown’s impact on the real estate market (especially the mortgage end of that market), and what happens immediately going forward. One quick red flag comes from the National Association of Home Builders, which reports that newly-built single-family homes were down two points in October. The NAHB says the decline may be due, in part, to the shutdown; but now that Uncle Sam is back...
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Bay Area apartment rent increases slowing, report says

Bay Area apartment rents slowed their march upward in the third quarter in a sign that the worst may be over in a region that has been slammed by two years of increases, according to a report Tuesday. The average $2,006 a month asking price for all types of units was up 2.6 percent from the second quarter, considerably lower than the 5.2 percent jump earlier this year. The annual growth was 9.2 percent, according to RealFacts, which tracks apartment complexes of 50 units or more. With...
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Hollywood, by way of South Carolina

Built in the 1850s, this estate in Beaufort, S.C., is best known for its starring role in the 1983 movie 'The Big Chill,' featuring Tom Berenger and Glenn Close. It's also a well-preserved bit player in the history of antebellum Beaufort, according to historic preservation planner Cynthia Jenkins, the daughter-in-law of the current owner. Photo: Wayne Moore  
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McDaniel Callahan Team
15 Railroad, Danville, CA 94526
+1 (925) 838-4300
Team@mcdanielcallahan.com