WASHINGTON - U.S. home prices posted their sharpest first-quarter decline since the government began tracking the data 17 years ago.
The Washington-based Office of Federal Housing Enterprise Oversight said Thursday that home prices fell 3.1 percent in the first quarter compared with last year. The index also fell 1.7 percent from the fourth quarter of 2007 […]
Gov’t home price index posts largest drop in 17-year history
May 22nd, 2008 · Permalink
Foreclosures jump 57 percent in last 12 months
April 15th, 2008 · Permalink
Reuters - Home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said on Tuesday.
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New low for pending sales shows US housing market still tumbling (The Fort Morgan Times)
April 9th, 2008 · Permalink
WASHINGTON (AP) — Homeowners and investors hunting for any indication that the housing market has bottomed out didn”t get it Tuesday, as the latest home sales data from a real estate trade group moved that sign further down the road to recovery.
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Data show housing market ”not out of the woods yet” (Honolulu Advertiser)
April 9th, 2008 · Permalink
WASHINGTON — Homeowners and investors hunting for any indication that the housing market has bottomed out didn’t get it yesterday, as the latest home sales data from a real estate trade group moved that sign farther down the road to recovery.
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Best Places To Buy Foreclosed Homes
March 19th, 2008 · Permalink
Only today’s bravest buyers would consider homes in cities like Las Vegas and Tampa, where rampant foreclosures are sinking already weak real estate markets.
But in markets in other cities, where there are hints of stabilization, foreclosed properties might be a good investment.
You’ll find such spots in …
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Where To Find Million-Dollar Foreclosures
March 13th, 2008 · Permalink
From Rancho Santa Fe, Calif., to Closter, N.J., there are plenty of luxury homes on the market ripe for the picking.
In Detroit and Southern California, foreclosure opportunists are going after cheap homes in downtrodden neighborhoods, which are selling in the five-figure range.
But there are plenty of million dollar-plus homes out there, in good neighborhoods, which […]
Foreclosures up 60 percent on year
March 13th, 2008 · Permalink
NEW YORK (Reuters) - Home foreclosure filings in February edged down from January but were a whopping 60 percent higher than a year earlier, real estate data firm RealtyTrac said on Thursday.
The surge in foreclosures from a year earlier indicated that the cycle has yet to hit its peak, the firm said.
Home foreclosure filings […]
Housing expert: Fix job market (Connecticut Post)
February 28th, 2008 · Permalink
Jobs. Get those back and the housing market will take care of itself.
That’s what Phyllis Esposito-Doyen, a 25-year veteran real estate professional, said Wednesday after the U.S. Department of Commerce published a disheartening report on the fortunes in the real estate market.
The report said the median national sale price for a new home fell from […]
