More Housing Indexes Point to Pricing Rebound

More Housing Indexes Point to Pricing Rebound Daily Real Estate News | Wednesday, September 05, 2012 Several housing indicators in recent months are all revealing a similar trend: Home prices are rising in most markets across the country. The latest housing index from CoreLogic, based on July multiple listing service data, shows national home prices…

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More Banks Open to Short Sales

More Banks Open to Short Sales Daily Real Estate News | Wednesday, September 05, 2012 To meet the terms of the $26 billion mortgage settlement, the nation’s five largest banks are becoming more agreeable to short sales, Inman News reports. The five banks — Bank of America, Citi, JPMorgan Chase, Ally Financial, and Wells Fargo…

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Housing May Be What Drives Economic Recovery

Housing May Be What Drives Economic Recovery Daily Real Estate News | Wednesday, August 29, 2012 As the economy struggles to find footing, many analysts are calling housing a bright spot, particularly during the second quarter. Home sales for existing-homes over $100,000 have increased compared to one year ago basically in every region of the…

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July Pending Home Sales Rebound

July Pending Home Sales Rebound Daily Real Estate News | Wednesday, August 29, 2012 Pending home sales rose in July to the highest level in over two years and remain well above year-ago levels, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose…

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Housing Market Shows ‘Sustainable’ Improvement

Housing Market Shows ‘Sustainable’ Improvement Daily Real Estate News | Monday, August 27, 2012 Home sales and prices are ticking up, despite a sluggish economy. In fact, the rebound has economists predicting that housing will likely add to economic growth this year for the first time in seven years. Existing-home sales increased 2.3 percent in…

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More Home Owners Come Out From ‘Underwater’

More Home Owners Come Out From ‘Underwater’ Daily Real Estate News | Friday, August 24, 2012 During the second quarter, nearly one million home owners were able to emerge from being “underwater” on their mortgage due to rising prices, according to a new report by Zillow. Home owners who owe more on their home than…

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