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08/12/10
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Today's Real Estate News
Largest Silicon Valley real estate markets during:
Valley focus "º"º commercial real estate COMMERCIAL SPACE FOR LEASE IN SILICON VALLEY SLIPPED IN JUNE AFTER SEVERAL MONTHS REPORTING GAINS; ASKING LEASE RATES DECLINEDFor the first time in several months, the amount of commercial space for lease in Silicon Valley tightened in June,
Mortgage rates hit low: 4.54 percent for 30-year fixed loans
But loans still difficult to come by; applications rise by an anemic 2%
SunPower: SoCal builder includes solar panels on new homes
A Southern California homebuilder is offering rooftop solar panels from San Jose-based SunPower as a standard feature at three developments in Los Angeles and Ventura counties.
Latest NAR News
Tom Glatt, President and CEO of REALTORS® Federal Credit Union, has announced that he will be stepping down effective August 1st. Tom was named President and CEO of REALTORS® FCU on December 2008.
NAR Says Congress Needs to Act Soon to Ease Credit in Challenged Commercial Real Estate Markets
Testifying before a House panel today, Jim Helsel, treasurer of the National Association of Realtors® and commercial real estate specialist, told members that a strong commercial real estate sector is vital to millions of U.S. jobs and helps keep the national economy afloat.
Rural Housing Program Restored
The program would guarantee home loans for rural buyers.
Thousands of Rural Home Buyers Aided by Passage of Housing Funding Measure
The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama.
C.A.R. Updates
REALTOR(R) Action Assessment for 2011 dues bill cycle
C.A.R.'s board of directors adopt special assessment of $49 per member for the 2011 dues bill cycle.
