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Archive for February, 2010

Good news for interest rates from WSJ.com: Federal Reserve Chairman Ben Bernanke said the U.S. economy still needs record-low interest rates for at least several months because the recovery from a deep recession is expected to be slow. The jobs market is expected to remain weak and inflation subdued over the next couple of years, [...]

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Started a new blog on Luxury Homes in the Bay Area at www.FineEstates.com. Will feed to www.DavidBergman.com soon.

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2/19/10 3:30 am President Barack Obama will announce plans Friday to provide an additional $1.5 billion- of which California is included – for a state-assistance program for homeowners worst-hit by the downturn in U.S. housing values. More to come.

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Active Listings in Santa Clara County is 1807 as of 2/1/10. 563 homes closed in Last 30 Days. The average days on market for Santa Clara County for single family homes is 47 days.

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