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Condo developers: Sales of downtown S.J. high-rises picking up
New downtown high-rises mostly empty, but sales picking up in 'tough market.' More real estate news
Mercury News Wednesday, September 23, 2009

Home loan demand hits highest since late May
U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.
Msn Wednesday, September 23, 2009

Housing more affordable for 'move-up' buyer
The results of a Coldwell Banker study showed a "move-up" home, bought by someone who wants a larger place to live because of lifestyle changes, has become more affordable.
Msn Wednesday, September 23, 2009

Fed slows program that props up housing market
Though expressing increasing confidence in recovery, the Federal Reserve also decided to hold the target range for its key lending rate at a record low near zero.
Mercury News Wednesday, September 23, 2009

Palo Alto fourth-priciest in national home price survey
Coldwell Banker releases annual price survey of 'move-up home,' 2,200 square feet with four bedrooms; most affordable is Grayling, Mich.
Mercury News Wednesday, September 23, 2009

'Equity share' loans of up to $75K offered to help Silicon Valley homebuyers
The nonprofit housing Trust of Santa Clara County is teaming up with american Home Equity Partners to offer a new down-payment-assistance program for buyers in Silicon Valley's expensive real estate market.
Mercury News Wednesday, September 23, 2009

Fed slows $1.45 trillion program to aid housing market, keeps rates near zero
WASHINGTON — With the economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up the housing market.
Mercury News Wednesday, September 23, 2009


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