Monthly Archives: February 2006

U.S. Housing Costs

The value of an average¬†U.S. home has not had a 1 year price decline based upon quarterly U.S. Government data going back to 1/1/76. The worst performance record for the value of an average U.S. home was a one year … Continue reading

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Interest rate news from HSH Associates

Quietly, 30-year fixed mortgage rates have trended to new highs for 2006, rising two basis points to and at an average 6.39%, according to the national survey of mortgage rates and terms conducted by HSH Associates, Financial Publishers. HSH also … Continue reading

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Rolling Hills Estates Approves new Village Condo Project

The City Council of Rolling Hills Estates on February 14, 2006 tentatively approved a new condominium complex intended to replace the existing car wash adjacent to the Avenue of the Peninsula shopping mall and across from the Public Library on Deep Valley … Continue reading

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Thoughts on Construction Costs

How have construction costs risen in the last couple of years? in 2004, the National CPI increased approx. 2.5% while construction costs increased approx. 10%.¬† In 2005, the National CPI rose 4.9% while Construction costs for single family residences rose … Continue reading

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