RE/MAX Reports Steady Housing Prices, Declining Sales

The monthly RE/MAX National Housing Report, released Friday, shows housing prices remaining relatively stable, with sales still experiencing some declines. The survey of 54 metropolitan areas shows that November sales were 4.9 percent below October sales, and 25.9 percent below sales for November 2009. But because the losses were much smaller than recorded from September …

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Record plunge in foreclosures, thanks to robo-signers

The number of foreclosure notices filed in November plunged 21%, the biggest month-over-month drop ever recorded by RealtyTrac, the online foreclosure marketer. Filings fell 14% compared with November 2009. The number of Americans who actually lost their homes to bank repossessions plummeted even more steeply — to 67,428. That was off a whopping 28% from …

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NAR Home Buyer and Seller Survey Shows Value of Long-Term Home Ownership

Home buyers today have affirmed a long-term view of home ownership, the typical seller is experiencing positive returns and the vast majority of home owners see their property as a good investment, according to the latest consumer survey of home buyers and sellers. The study was released here today at the 2010 REALTORS® Conference & …

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Slide in Home Prices Signals Trouble Ahead

Residential property values fell 0.2 percent at the national level during the third quarter of this year, according to Integrated Asset Services (IAS). In front of a seasonal slow-down in home sales, IAS says the data foreshadow “particularly difficult times ahead” for the country’s housing markets and for the U.S. economy overall. The IAS360 House …

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