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What $193,000 Buys You in Housing Markets Across the Country
Tweet Share on Facebook May 22, 2013 CommentWith the inventory of existing houses for sale still almost 14 percent below levels recorded this time last year, median home prices continued to climb in April, according to data released Wednesday by the National Association of Realtors.
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Survey: The Number of Americans in Foreclosure Down 25 Percent
Tweet Share on Facebook May 22, 2013 CommentAs home prices rise and sales pick up, the housing crisis is increasingly becoming a distant memory as the United States recovers from one of the worst economic shocks in history.
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$190M Farm in Greenwich, Conn., Elevates US Luxury Housing Boom
Tweet Share on Facebook May 21, 2013 CommentIts streets peppered with Wall Street hedge fund types, Greenwich, Conn., has long been associated with wealth, excess and luxury living.
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More Than Refinancing: Why Low Mortgage Rates Matter to Homeowners
Tweet Share on Facebook May 20, 2013 CommentIt's common sense that low mortgage rates are important to the housing market. They make purchasing a home more affordable and make refinancing more attractive for current homeowners.
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Why FHFA's Ed DeMarco Isn't Going Anywhere
Tweet Share on Facebook May 20, 2013 CommentIf confirmed by the Senate, Rep. Mel Watt, D-N.C., will replace Ed DeMarco, the current – and controversial – acting director of the Federal Housing Finance Agency. While Democrats have been calling for DeMarco's head for years as he has pushed back on more extreme housing remedies, Republicans have quietly supported DeMarco's decisions.
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What Happens to the Housing Market When the Investors Leave?
Tweet Share on Facebook May 3, 2013 CommentThe housing market has improved significantly since the start of 2012, thanks in large part to the elevated role of investors and all-cash homebuyers, which accounted for about 19 percent and 30 percent respectively of all sales in March 2013, according to the National Association of Realtors.
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Where a House Costs Less Than a Used Car
Tweet Share on Facebook May 3, 2013 CommentCan't find a house in your price range? In some parts of America, homes are cheaper than the cars in the garages.
In my hometown of Titonka, Iowa (pop. 880), my family recently put my great-aunt Katherine's house on the market for $20,000. They got $9,750.
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Why You Should Ignore the Housing Experts
Tweet Share on Facebook May 1, 2013 CommentHousing is center stage in the news and around the water cooler again, with newspaper and magazine stories dissecting minute fluctuations in home prices and questioning if this is the right time to buy a home or whether Americans should ever own real estate again.
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U.S. Home Prices Continue to Pick Up Speed
Tweet Share on Facebook April 30, 2013 CommentHome prices in the nation's 20 largest metropolitan areas surged 9.3 percent over the last 12 months ending in February, the most substantial year-over-year growth rate since May 2006, near the height of the housing bubble.
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Pending Home Sales Stand Pat in March
Tweet Share on Facebook April 29, 2013 CommentPending home sales rose slightly in March, but seem to be leveling off overall, an industry report showed Monday.
