Increasing Rent and Asking Prices

While reports on home prices have been mostly uninspiring, with some flickering of hope here and there, rent prices continue to make significant strides, with rent increasing more than 10 percent compared to a year ago in certain markets, according to findings Trulia released Thursday. Rent prices rose 5.6 percent in April compared to a …

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Number of ‘Improving’ Housing Markets Nearly Doubles

The number of housing markets showing measurable improvement nearly doubled in January, with the addition of 40 new metros to the Improving Markets Index put out by First American and the National Association of Home Builders (NAHB). The index tracks housing markets that are showing signs of improving economic health based on three independent datasets …

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2012 Housing Market Prediction by CoreLogic

Two prominent home-price indices continued to show declines in September and October, with one outlook indicating no more than flat growth in the next two years. A home-price index report from loan data aggregator Lender Processing Services showed the national average sales price for single-family homes fell 4.4 percent year over year and 1.2 percent …

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Short Sales Offer Significant Discounts in Several Major Cities

Short sales are growing throughout the nation as distressed homeowners and servicers continue to seek alternatives to foreclosure and home buyers increasingly opt for the significant discounts that come with short sales. With 9,145 completed short sales, the Los Angeles area had more short sale transactions than any other metropolitan statistical area (MSA) in the …

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