Monthly Archives: December 2012

California Real Estate Coming Back

California continues to be the talk of the housing recovery, logging its highest November sales in six years. The Golden State‚Äôs median sale price jumped nearly 17% year-over-year to $321,000. This appreciation indicates a shift away from distressed sales and … Continue reading

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The plan is to fix up the houses and rent them

THOSE feeling nostalgic for the boom before 2007 will have been heartened this week by headlines about Lehman Brothers selling a portfolio of American apartments for $6.5 billion. Lehman Brothers? No, the investment bank felled by the mortgage miasma is … Continue reading

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