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Viewing by month: February 2012

Feb 28 2012

Home Prices Hit New Lows...

A key gauge of home prices in the nation's largest cities fell in December to its lowest level since the start of the housing crisis in mid-2006.

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322 comments - Posted by Suzanne Baker at 5:52 PM - Categories:

Feb 15 2012

Homebuilder Confidence at a Four-Year High...

Homebuilder confidence in the single-family homes segment jumped for the fifth consecutive month in February, reaching a four-year high, an industry trade group said Wednesday.

The National Association of Home Builders/Wells Fargo housing market index, which measures homebuilders general view of the market, rose to a score of 29.

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42 comments - Posted by Suzanne Baker at 5:34 PM - Categories:

Feb 12 2012

Q4 2011 Housing Affordability Index

California housing affordability improves, matching previous record high, C.A.R. reports

LOS ANGELES (Feb. 9) – California’s housing affordability rose to its highest level in fourth-quarter 2011, matching a record high set in 2009, thanks to lower home prices and record-low interest rates, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. 

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36 comments - Posted by Suzanne Baker at 6:09 PM - Categories:

Feb 8 2012

Homes in Foreclosure Decline by 130,000.

NEW YORK (CNNMoney) -- Slowly, but surely, the foreclosure crisis seems to be abating.

The number of homes in foreclosure shrunk by 130,000, or 8.4%, in 2011, according to a report from CoreLogic, an economic research firm.

These are homes owned by borrowers who had slipped far behind on payments, forcing lenders to put them into the foreclosure process. The homes remain foreclosure inventory until they're sold -- either at auction or in a short sale, which is when a home is sold for less than the mortgage value -- or until homeowners are current again on payments.

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42 comments - Posted by Suzanne Baker at 3:27 PM - Categories:

     
   
 
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