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Peninsula housing coming to life

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Buyers are beginning to bid against each other on modest but good-quality homes at the lower end of the Peninsula real estate market. The housing market was battered in the wake of the 2008 subprime loan crisis, when a rash of foreclosures and a worldwide credit shortage drove down overinflated real estate prices and kept would-be homebuyers at bay. But with prices down and interest rates low,...

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