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More stories about CALIFORNIA

UCP/BENCHMARK HOMES

UCP to Acquire 95 Lots in SoCal's Rancho Cucamonga

Per a press statement, "UCP, Inc. announced it has entered into an agreement to acquire and develop Rancho Etiwanda, a land parcel consisting of 95 partially improved lots, for a purchase price of $27.6 million. The property is located within Rancho Etiwanda Estates, a 632-unit gated master planned community in Rancho Cucamonga, Calif., a highly desirable submarket in San Bernardino County."

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SAN JOSE MERCURY NEWS

Condos Climb Recovery Stage Two 'Wall of Worry'

San Jose Mercury News staffer Pete Carey reports that a shortage of high-end condos has newly minted tech millionaires scrambling for a pied-a-terre in San Francisco. They want a view and all the latest amenities--but there's little available, according to luxury real estate agents.

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THE REAL DEAL

L.A. Dowtown Sizzles

The Real Deal Reports that downtown Los Angeles is facing an influx of new residents. As a result, the area is seeing the development of new luxury condominiums, new restaurants and new nightclubs catering to a more affluent crowd. The appetite for luxury housing in downtown Los Angeles is reaching an all-time high as

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San Francisco, CA Dashboard Reports

San Francisco, CA - January 2014 - New Home Closings Numbers Give Hints Market Decline is Deepening

New home sales fell in San Francisco, CA in January. The percentage of new home closings belonging to attached homes dropped, falling 17.1% percentage points. Average prices of new and existing homes moved up, rising 39.6%. The percentage of new home closings belonging to single family homes rose, climbing 17.1% percentage points.

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Yuba City, CA Dashboard Reports

Yuba City, CA - January 2014 - New Home Closings Increase Year-Over-Year in January After Falling Year-Over-Year in December

New home sales rose from a year earlier in Yuba City, CA in January after sales decreased last month. Average prices of new and existing homes moved up, rising 56.1%. Real Estate Owned (REO) closings as a percentage of existing home closings dropped, falling 11.7% percentage points.

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Visalia, CA Dashboard Reports

Visalia, CA - January 2014 - New Home Closings Numbers Climb Year-Over-Year in January After Drop Year-Over-Year in December

New home sales rose from a year earlier in Visalia, CA in January after sales decreased last month. Real Estate Owned (REO) closings as a percentage of existing home closings dropped, falling 8.8% percentage points. Foreclosures as a percentage of existing home closings rose, climbing 3.8% percentage points. Average prices of new and existing homes moved up, rising 15.6%. Average prices of new homes dropped 3.5%.

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