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Housing prices down in all major US markets in November
"S&P said its composite index of 10 metropolitan areas also fell 2.2 percent in November from October for a 19.1 percent year-over-year drop, matching the previous month's record decline." As the chart above...Drop in Home Prices Blamed on Foreclosure Sales
Some studies showed that areas that see an increased in foreclosure sales experienced a 1 percent drop in home market values. Most often the drop in home market prices is due to a buyer’s perception of the neighborhood, which may ultimately lead to his refusal to reside in...Declining Home Prices Hitting Seniors Harder
"Many of you might be hoping that your homes will be your source of security during your retirement years. But based on a study conducted by the Center of Retirement Research, one third of the older households are likely to enjoy security because of the current problems in...National Foreclosure Rate Soar 53%
According to the most recent US housing market data released by RealtyTrac, the number of homes that entered some stage of foreclosure has grown by over 50 percent in the last twelve months. For the month of June...Opportunities Abound in Foreclosure Crisis
A couple of years ago, Bay Area properties are considered to be among the most expensive homes in the state. But thanks to the present foreclosure crisis, buyers looking for affordable homes in this city are now...April Sales: Still Not Looking Good for the Housing Market
From a report released by the National Association of Realtors, it seems that home sales for the month of April slowed down. It is therefore not surprising that inventory of homes for sale soared by 10 percent and...Home Prices at Lows and Encouraging Purchase in Some Areas Due to Foreclosure
It’s now no secret that rising levels of foreclosures have contributed to steadily falling home values across the nation. In many instances, this trend is viewed as alarming and destructive. Falling home values mean homeowners are not earning equity on their purchases, and...South Florida Home Prices Fall, But Will Sales Rise?
South Florida home prices continued to drop in February even as the national real estate market showed a slight, unexpected sign of improvement after months in the doldrums.An average home sold for around $306,000 here -- down more than $50,000 from the same time last year....Sticker ShocK: First-Ever Drop in U.S. Housing Prices Predicted
Traditionally, home equity is seen as the most solid and reliable nest egg that consumers can build. Now, in the fallout from the credit crunch, homeowners may face a national first in the U.S.--the value of their house may be falling instead of rising."The already...
More Votes Than Registered Voters
The mainstream media censored the vast majority of the evidence of fraud, so that most Americans to this day, have never heard a fraction of what was amiss. Consumer Federation of America After a Real Estate Industry
"On Monday, the Consumer Federation of America (CFA), leading consumer rights group, issued a report charging that real estate industry members act as a cartel to stifle competition, resulting in higher prices and poorer service for homebuyers. The CFA charges that consumers...Real Estate Press - Another Big Hotel in Clearwater Skyline
"Downtown is ready to get its first major lodging facility, and many say the 115-room Marriott Residence Inn will help revitalize an area envisioned as the city's core. The triangular property, between South Prospect and Ewing avenues, currently houses three buildings owned...Florida Home Ownership Tumbled
According to U.S. Census data, home ownership across the country has fallen since the record first quarter of 2005, and real estate agents across the country are trying to find a way to improve those numbers. The Florida Association of Realtors is joining real estate...California and Florida Hot Spots for Key Foreclosure
Foreclosure.com tracked a one-month increase of 3,859 residential foreclosures nationwide and confirmed the existence of a buyer's market in the residential real estate sector. The data gathered by Foreclosure.com also indicates that investors are moving quickly to purchase...Most Expensive Homes Spared by the Cooling Market
Multi-million dollar homes continue to sell briskly despite of the growing signs of housing market cooldown. Jackson Hole Real Estate and Appraisal reported that in Jackson, Wyo., there was increase from 17 to 21 homes. The median prices of all homes have risen, pushing...
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