“Despite a number of potentially damaging headwinds, the ongoing housing recovery will remain sustainable for the foreseeable future, analysts for Capital Economics say in a recently released report. The housing industry’s rapid rebound took many experts by surprise-even the researchers who authored the report admit they “have been slightly taken aback” by the recovery’s speed. …
“Summer’s end may have led to the close of a strong home-buying season, but a decrease in distressed sales is helping prices maintain their yearly gain and some regions are still experiencing monthly price increases. As of August 23, 2012, prices fell 0.4 percent in 25 major U.S. metropolitan areas from July 23, 2012, according …
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Mortgage Financing Increases While Distressed Sales Fall: Survey The popularity of FHA mortgages is slowing down, while the use of mortgage financing is growing overall, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. “Conventional mortgages are making a comeback while FHA mortgages are not,” said Thomas Popik, research director for Campbell Surveys. “Reasons for …
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49 Southampton Ct. #127 Newport Beach,CA 92660$950,000MLS: u12002526 Bedrooms: 2 Bathrooms: 2.5 FIXER UPPER in Newport Beach. Located in the nicely landscaped, gated community of Belcourt Hill; this unit is adjacent to the greenbelt. Home is light and bright, with vaulted ceilings, skylights, and balconies on both floors. 2-bedroom, 2.5-bath, plus a den that could …
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