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business / Real Estate-US

U.S. home sales drop 2.7 percent in August
WASHINGTON — Home resales dipped unexpectedly last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile.
Mercury News Thursday, September 24, 2009

'Equity share' loans of up to $75K offered to 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 Thursday, September 24, 2009

Fed slows program to aid housing market, keeps rates near zero
Keeping record-low key rate signals Fed is nurturing recovery.
Mercury News Thursday, September 24, 2009

Rates on 30-year mortgages remain at 5.04 percent
WASHINGTON — Rates for 30-year home loans were unchanged this week and remain close to record-low levels.
Mercury News Thursday, September 24, 2009

Real estate news: U.S. sales slide; Palo Alto, S.F., San Mateo among priciest markets
U.S. home sales slide in AugustIt looks like the summer real estate turnaround lost steam in August.According to the National Association of Realtors, sales of existing homes dropped 2.
Mercury News Thursday, September 24, 2009

Rates on 30-year loans still at 5.04 percent
Rates for 30-year home loans were unchanged this week and remain close to record-low levels. The average rate for a 30-year fixed mortgage was 5.04 percent.
Msn Thursday, September 24, 2009

Foreclosures, first-timers' credit lift Western home sales
Region's median price declines, but not as much as national figure in Realtors' report for August.
Mercury News Thursday, September 24, 2009


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