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Housing Inventory Rose in July
The number of homes being offered for sale is rising heading into the softer part of the summer, a sign that higher home prices could be encouraging more sellers to test the market, according to a...
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‘Dream’ Homes in Real-Estate Listings
Of all the luxury homes currently for sale, only 1.7% of them are described as dream homes. So Spread Sheet decided to play Sigmund Freud and interpret what “dream” means. Analyzing properties priced...
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Real Estate Bidding Wars Continued to Tumble in July as Housing Market...
Redfin (www.redfin.com), the technology-powered real estate brokerage, today released its July 2013 Bidding War Report based on Offer Insights, statistics compiled from thousands of offers written each...
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California Housing Recovery Continues Full Throttle
Home sales in California surged by 17.3 percent in JulyDataQuick said today, rising from 41,027 sales of new and existing houses in June to 48,118 in July. The San Diego based company reported that...
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Housing market gets more buyer friendly
Kerry Fisher lost at least eight homes in the past four months to faster and more cash-rich buyers. But recently an agent called her, asking if she was still interested in a home she thought she’d...
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Five Local Market Snapshots Show Erratic Housing Recovery
Never has the mantra that all real estate is local been more true than during the recent, rumored real estate recovery. This became clearly evident when researching five metro housing markets for a...
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Housing Report: Tight Inventory, Still-Rising Prices
In the first month of the summer housing season, home prices continued to rise, with a 0.9% increase in figures for June from the month before, according to the S&P/Case-Shiller Home Price Index....
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Housing Markets with the Biggest Price Rebounds Still Lag in Construction...
Trulia, Inc. (NYSE: TRLA), a leading online marketplace for home buyers, sellers, renters, and real estate professionals, today released the latest findings from the Trulia Price Monitor and the Trulia...
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Bigwig real estate investors starting to pull out of Las Vegas as home prices...
When Las Vegas’ housing market crashed, wealthy investors pounced on the downturn and started buying cheap homes in bulk to turn into rentals. They helped revive local housing prices and values, which...
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Sellers Test Housing Market Amid Rising Prices
Housing inventories increased in August and stood just 2.5% below their levels of a year ago, offering the latest sign that more sellers are testing the market after swift home-price gains over the...
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Four Factors to Watch in Housing’s Rebound
For the past year, more U.S. housing markets have had the feel of a blowout flea-market sale. Prices were low and financing—while hard to get—was cheap for those who could get it. Once it was clear...
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Housing markets about to get squeezed
The Federal Housing Finance Agency plans to reduce the maximum size of mortgages backed by Fannie Mae and Freddie Mac this January. The current limits are $417,000 in most parts of the country and up...
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Index of California’s housing inventory rises but remains tight
A measure of the supply of California houses for sale expanded slightly in August from the month before, although inventory levels remain very tight, according to a new report. If sales continued at...
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5 Red-Hot Housing Markets
While no one wants another housing bubble, people across the U.S. are hopeful that housing prices will continue their recovery following the Great Recession. In fact, earlier this week, the...
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Improving Equity and Fewer Investors will Drive California Home Sales in 2014
Home ownership is expected to be key to the California real estate market over the next year. The 2014 California Housing Market Forecast” released today said that the diminishing importance of...
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Southern California housing market slows after torrid rebound
Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes. For the third straight month, the median home price across the Southland...
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US real estate market seeing less flipping as house prices rise
Fewer real estate investors in the United States are flipping, that is buying a property and then selling it again within six months to make money, the latest index from housing data firm RealtyTrac...
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5 cities where homes are getting less affordable
Home buyers can’t catch a break. Not only is it becoming harder to get a mortgage, but real estate prices have risen so much this year that buyers—much like during the housing bubble—can no longer...
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Housing Prices in U.S. Cities Rise by Most Since Early 2006
Home prices in 20 U.S. cities rose in August from a year ago by the most since February 2006 as stronger demand boosted values. The S&P/Case-Shiller index of property prices in 20 cities increased...
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California is Sellers’ Market as Over-List Price Sales Soar
Nearly half of the homes sold so far this year in California went for more than their asking price. Such sales usually result from so-called “bidding wars” when multiple sellers submit competing...
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