Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks the fifth consecutive year the company has recorded an annual decline in residential property values. CoreLogic performed a separate calculation, which illustrates just how big an impact distressed sales are having on home prices. The company excluded all short sale [...]
The REO (Real Estate Owned) to Rental Industry is about to explode with an onslought of reposessed homes turning into rental property. Here’s the story from CNBC News… Questions or comments about this video, or any story on our site? Just use the comment link below to contact us.
The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. Paul Dales, chief economist at Capital Economics, says “it is clear that a housing recovery is now well underway.” Lawrence Yun, chief economist for the National Association of Realtors (NAR), concurs with Dales’ assessment, saying “The [...]
Home prices have slid more in the past 5 years than during the great depression, so what’s up now for home prices going forward? Rich DeSalvo has these thoughts on a Fox News interview… Questions or comments about this interview? Post your comment or question by clicking the “comment” link below…
Slightly over half of all homeowners say their homes are worth more today than they were when they bought them, according to a new national survey conducted just before Christmas. Most homeowners are confident they know what their home is worth, and a greater number than ever, some 29 percent, believe that they have lost [...]
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