More than 100 forecasters in a national survey said they expect the home values to reach an average of 5.4 percent year-over-year and that current Federal Reserve policies post some risk of re-inflating the housing bubble.
Continue reading...Monday, March 18, 2013
A nationwide panel of 118 economists, real estate experts and investment and market professionals expects home values to end 2013 up an average of 4.6 percent and rise cumulatively by 22 percent, on average, over the next five years, according to the first quarter Zillow Home Price Expectations Survey.
Continue reading...Monday, March 11, 2013
Just as the clock ticks down on the launch of the 2013 buying season, the Movoto mega site reports that in February days on market has dropped dramatically in its market footprint, which is heavily dominated by California markets.
Continue reading...Friday, March 8, 2013
Two days after rival web site Trulia announced it had detected signs that the year-long decline in inventories was slowing, Zillow said that the crunch could be beginning to ease somewhat.
Continue reading...Thursday, January 31, 2013
Hot foreclosure markets have come and gone over the past seven years but one thing seems to stay the same. The markets with the most and the cheapest foreclosures are still located in Florida.
Continue reading...Wednesday, December 26, 2012
As the President and Congress attempt to avoid the "fiscal cliff" scheduled to take effect a week from today, most leading housing economists and housing experts believe housing prices won't suffer if the mortgage interest deduction were limited to mortgages of $500,000 or less and eliminated for interest paid on second mortgages for second homes, a possibility in the final negotiations to avoid the fiscal cliff.
Continue reading...Friday, November 9, 2012
The national average discount on foreclosures has shrunk by 1.4 percentage points over the past year as competition for foreclosures as inventories tighten is driving prices closer to full-price properties.
Continue reading...Thursday, October 25, 2012
The continuing decline in listing inventories that is choking home sales this fall inspired one of the Internet's leading real estate Web sites to take a fresh approach.
Continue reading...Sunday, October 7, 2012
Nominal house prices will continue to rise for the UFA 100, a broad based composite index of 100 US cities. Under current economic conditions commonly used house price indices will rise between 8.5 and 22 percent cumulatively over the next five years, but recovery will be slow for the larger metro areas in the Case-Shiller 10 city composite.
Continue reading...Wednesday, December 29, 2010
Nonprofits are flush with federal stimulus funds to purchase foreclosed properties. Faced with fierce competition for REO properties in hot markets, Neighborhood Stabilization Project (NSP) managers are adopting multiple property acquisition strategies.
Continue reading...
Tuesday, May 7, 2013
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