Tag Archives: Foreclosures

Why Rise in Home Prices May Not Mean Much—Yet

Average home prices through May increased for the second month in a row, according to the latest SP/Case-Shiller Home Price Indices, which measure both the top ten and top twenty housing markets in the US. Prices are still down from … Continue reading

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New Crop of Foreclosures Is Coming

While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure. Total foreclosure activity rose in the first half of this year from … Continue reading

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Why Drop in Foreclosures Is Bad for Housing Market

In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading

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As Foreclosures Ramp Up, New Roadblocks Ahead

Article source: http://www.cnbc.com/id/48124623?__source=RSS*blog*&par=RSS

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San Francisco Bay Area Home Prices Climb to 22-Month High

Home prices in the San Francisco Bay Area rose to a 22-month high in May as more expensive properties made up a greater portion of sales, DataQuick said. The median price for houses and condominiums in the nine- county Bay … Continue reading

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