Buyers, Sellers Optimistic About Housing

Survey: Buyers, Sellers Optimistic About Housing Nearly 70 percent of buyers and sellers say they believe the housing market and property values will recover in the next year or two, according to a new survey by Prudential Real Estate and Relocation Services Inc. What’s more, 86 percent of the more than 1,000 buyers and sellers…

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Americans Still Optimistic About Housing

Survey: Americans Still Optimistic About Housing A sluggish real estate market hasn’t shaken the confidence of the public in how it views home ownership, according to a new study by the Pew Research Center. Eight in 10 adults (or 81 percent) say owning a home is the best long-term investment a person can make, according…

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10 Cities With the Highest-Priced Listings

10 Cities With the Highest-Priced Listings Last month, the national median list price was $199,500, down 0.25 percent for the year, according to Realtor.com housing data of 146 markets. But in San Francisco, the median list price is more than three times that amount. The following is a list of the cities that had the…

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Discounted Prices Chip Away High Inventories

Discounted Prices Chip Away High Inventories One key step to the housing recovery is already occurring, economists and real estate agents say. That is a drop in the high inventories of homes for sale that are lingering on the market in areas hardest hit by foreclosures. Clearing away the inventory of foreclosures is crucial to…

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Home Vacancies, Mortgage Delinquencies Drop

Home Vacancies, Mortgage Delinquencies Drop Mortgage delinquencies on single-family homes continued to inch down in March, as did first-quarter home-owner vacancies, two government agencies report this week. For the fourth straight month, mortgage delinquencies dropped in March as delinquencies on single-family homes fell to 3.63 percent last month compared to 3.78 percent in February, Freddie…

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Cheaper to Buy Than Rent?

Cheaper to Buy Than Rent? In Most Cities, ‘Yes’ Americans in 39 of the country’s 50 largest cities are finding it’s cheaper to buy a home than rent one, according to Trulia’s second quarter Rent vs. Buy index. In its index, Trulia compared the cost of buying and renting a two-bedroom apartment, condo, or town…

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Pending Home Sales Rise Again…

Pending Home Sales Rise Again in March March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a…

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11 Cities Where Homes Sell the Fastest

11 Cities Where Homes Sell the Fastest California boasted the highest number of cities where homes tended to spend the shortest amount of time on the market last month, based on March housing data from Realtor.com. In Oakland, Calif., the average days on the market for listings was 50 in March–the least amount of days…

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