Investors Indulge in Bulk Buying as Home Prices Drop Further

March 2, 2012

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Home Prices Plummet Just when everyone thought that the worst was over, some dreary news. Home prices hit their lowest level in December since the advent of the housing crisis, according to the Standard & Poor’s/Case Shiller Index of 20 American cities. Prices fell 1.1 percent when compared to November, and 4 percent when compared [...]

Investors and Rentals Continue to Rule the Housing Market

February 24, 2012

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Looking to Invest? Consider the South If you’re thinking about investing in the housing market, your destination should be Atlanta, Phoenix or Miami. And not just because of the nicer weather. That’s where the most attractive assets are, says Marc Faber, editor of Gloom Boom & Doom report. Faber told CNBC that the Southern markets [...]

Strict Lending Standards & Foreclosures Taking Their Toll

February 3, 2012

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New Home Orders Rise Looks like the market for new homes is on the mend. Orders for new homes increased in the quarter ended December, bringing a much needed cheer to the home building industry.The news has made the chief executives for some of the nation’s biggest home building companies cautiously optimistic about a market [...]

Weighing American Home Prices and the Top 5 Housing Markets

January 27, 2012

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Contracts on Pending Homes Declined in December Looks like Santa wasn’t very generous toward the housing market. Sales agreement on existing homes took a sharper hit than expected in December. This, after those numbers touched a 19 month high in the previous month. According to the  National Association of Realtor’s  index,  pending home sales fell [...]

Foreclosures, House Flipping, and the American Dream

December 16, 2011

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Foreclosures Drop in November ‘Tis the season for cheer and care. Mortgage Goliaths Fannie Mae and Freddie Mac got into the spirit and issued an eviction moratorium, giving a break to homeowners missing their payments during the holiday season. There’s relief elsewhere, too. Foreclosure filings dropped 14 percent in November, compared to a year ago. [...]

New Signs of Life in the Housing Market

December 9, 2011

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Housing Market may Have a Better Year Ahead Would the new year ring in some much-needed cheer for the housing market? Probably, says CBSNews.com. There are some signs of a turnaround in the horizon, despite the challenges. So, what are some of the telling signs of a better future? CBS says the official unemployment rate [...]

New Home Sales Inch Upwards While Home Prices Drop

December 2, 2011

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Home Prices Plunge Again in September Dashing the hopes of consumers and experts, home prices dived in September, quashing any theory of the market leveling off. And they fell below analysts’ expectations. According to the S&P Case-Shiller 20-city home price index, prices slipped 3.6 percent in September, when compared to the same year-ago period. Bloomberg [...]

Rentals, Home Sales, Foreign Investors and More Realty News

October 21, 2011

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Home Builders’ Sentiment Climbs There was a flicker of hope from the builders this week. The National Association of Home Builders’ index of builder sentiments climbed from 14 to 18 percent. That’s still mighty below 50 – the benchmark indicative of a positive outlook. But, any improvement is a good sign these days. Only once [...]

Real Estate News: Foreclosure Rates Continue to Slow Market

October 14, 2011

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Another Two Years for a Market Turnaround Have you been wondering when the housing market will pick up steam again? Give it another year or two, says a leading economist. That’s how much time it could take for the foreclosure storm to blow over and the oversupply of inventory to rectify itself, according to Mark [...]