Foreclosures Fall, But 10 Areas Still Hard-Hit

Foreclosures Fall, But 10 Areas Still Hard-Hit Daily Real Estate News | Thursday, July 28, 2011 During the first half of the year, foreclosures have dropped in more than 84 percent of U.S. metro areas, RealtyTrac reports. Is this a sign of a turnaround? Not quite, say analysts. The drop was mostly attributed to banks…

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Pending Home Sales Rise in June

Pending Home Sales Rise in June Daily Real Estate News | Thursday, July 28, 2011 Pending home sales increased in June following a wide swing down in April and then up in May, according to the National Association of REALTORS®. Activity increased in the West and South but declined in the Midwest and Northeast; all…

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Nondistressed Prices Bouncing Back to 2009 Levels?

Nondistressed Prices Bouncing Back to 2009 Levels? Daily Real Estate News | Wednesday, July 27, 2011 Home prices may be showing signs of stabilizing — that is, if you remove distressed sales from the equation. When distressed sales are excluded from CoreLogic’s Home Price Index, home prices dropped only 0.4 percent from a year ago…

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New Grant for Military First-Time Home Buyers

New Grant for Military First-Time Home Buyers Daily Real Estate News | Tuesday, July 26, 2011 A new program is offering financial assistance to first-time home buyers who are veterans or active-duty military members. The Pentagon Federal Credit Union Foundation, a nonprofit national organization, is offering the assistance through its Dream Makers program. Active duty…

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6 Cities That Boast the ‘Best Value’

6 Cities That Boast the ‘Best Value’ Daily Real Estate News | Tuesday, July 26, 2011 Which cities offer the best value? Kiplinger’s Personal Finance magazine recently ranked metro areas by best “value,” factoring in low cost of living, strong economies, and personal amenities. The following are the six metro areas that topped its list,…

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New-Home Market Shows Signs of Stabilizing

New-Home Market Shows Signs of Stabilizing Daily Real Estate News | Tuesday, July 26, 2011 New-home sales dropped in June, but a sharp increase in prices and declining inventories may be signs the sluggish new-home market is finally showing signs of rebounding, the Commerce Department reported Tuesday. Sales of new homes dropped 1 percent in…

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