Forecasting Home Price Recovery

Home prices in many areas are already rebounding from the bottom of the market, according to the March HomeValueForecast.com update from Pro Teck Valuation Services. This month, the company explores the turnover rate, which is the number of non-distressed sales divided by the total housing stock in a particular market. Pro Teck says this calculation …

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Another Drop in Home Prices in 2011

Home prices in 2011 fell by 4.7 percent, according to CoreLogic–for the fifth straight year.  However, that decrease is due in large part to distressed sales, since once CoreLogic excluded short sales and REOs, prices declined only by 0.9 percent. Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks …

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Home financing especially for doctors

If you work in the medical profession, the new Bank of America Doctor Loan program could help you, as a buyer, grow. The Doctor Loan from Bank of America Home Loans® is for licensed, practicing physicians or residents, dentists or other eligible medical professionals.* It features a range of fixed and adjustable rate loans and …

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