Author: Site Editor
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Sacramento ranked as one of the state’s top 10 most overpriced markets
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California’s real estate market remains one of the priciest in the nation, with certain areas displaying staggering levels of overpricing, according to recent housing market data analysis. Among the Golden State’s top 10 most overpriced markets is Sacramento, where the average listing price for a single-family home stands at a hefty $580,804. However, Modesto claims…
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Tips for Growing Tasty Cherry Tomatoes All Season Long
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in GARDENCherry tomato plants are a wonderful addition to any garden, offering a bounty of delicious, bite-sized fruits that burst with flavor. With these eight simple tips, you can ensure your cherry tomato plants thrive and continue producing an abundance of tasty tomatoes from midsummer until the arrival of fall. By following these simple tips, you…
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The Struggle of Affording Homes Today: Insights and Implications
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Owning a home has long been a part of the American dream, but for many, that dream feels increasingly out of reach. A recent survey commissioned by Redfin sheds light on just how challenging homeownership has become, revealing that nearly 40% of current homeowners doubt they could afford their own home if they were to…
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California home prices climb higher, but sales stall
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Article from https://ktla.com/news/california/california-home-prices-climb-higher-but-sales-stall/ by Marc Sternfield Sales of existing single-family homes in California dipped in March as mortgage rates once again edged higher, according to new data from the California Association of Realtors. After two consecutive months of double-digit increases, statewide home sales fell by 7.8% month over month and were down 4.4% percent from March 2023 on a…
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Inflation Hike May Put Mortgage Rates Above 7% Again
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Article from https://www.nar.realtor By: Melissa Dittmann Tracey Consumer prices accelerated faster than expected in March, which could mean higher home financing costs this spring, says NAR Chief Economist Lawrence Yun. The latest inflation data could push mortgage rates higher, economists are saying. Consumer prices reaccelerated in March, showing a more somber picture of economic progress and…
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Housing Market Takes a Hit: Single-Family Home Construction Dips
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The US housing market saw a significant setback in March as single-family home construction took a nosedive. While the demand for new homes remains strong due to a shortage of existing homes for sale, rising mortgage rates are causing potential buyers to hold back. According to a report from the Commerce Department, permits for future…
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San Jose program to build backyard homes is thriving
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by Annalise Freimarck, / article from sanjosespotlight.com Hundreds of granny units are popping up everywhere in San Jose due to a successful city program implemented five years ago. The city has issued nearly 3,000 permits and seen 1,451 granny units, also known as backyard homes or accessory dwelling units (ADUs), completed since launching its preapproved contractors…
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Why More Homeowners Are Refinancing Despite Rising Mortgage Rates
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Have you noticed mortgage rates inching back up over 7% lately? Despite this uptick, there’s been a surprising increase in people looking to refinance their mortgages. Let’s dive into why this trend is happening. What’s Going On? Why Are People Refinancing? Even with rates on the rise, many homeowners are still eager to refinance. Here’s…
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Exciting News for Potential Homebuyers in Alameda County!
Are you dreaming of owning your own home in Alameda County but struggling to make the down payment? Well, you’re in luck! Applications are now open for the final round of down-payment assistance funds through AC Boost, Alameda County’s homebuyer assistance program. Here’s what you need to know: What is AC Boost? AC Boost provides…
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Alameda County, CA Homebuyer Assistant Progam
Welcome to AC Boost! Article from AC Boost. https://www.acboost.org/ AC Boost is an innovative program designed to help middle-income households afford to buy a home in Alameda County. AC Boost gives buyers a boost, providing loans that are intended to bring homeownership within reach of households who would otherwise not be able to afford to…