Number of Improving Markets Spikes in January, Hits 242

The National Association of Home Builders (NAHB)/ First American Improving Markets Index (IMI) continued its trend of marked monthly improvements in January, according to a release from the NAHB. The index rose for the fifth consecutive month in January to reach 242, once again achieving a record high. The index measured 201 in December… …According …

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Real Estate Fraud

Property Documents California’s challenging real estate market has made property fraud and other related schemes more prevalent. The Clerk-Recorder Department provides for the examining and recording of all documents dealing with establishing ownership of real property or land in Orange County.  The department also records other documents, such as deeds of trust, reconveyances, liens and …

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Home Prices Continue to Slide

Data released last week by Standard & Poor’s indicates the fourth quarter of 2011 started with broad-based declines in home prices. The 20-city composite of S&P’s closely watched Case-Shiller index was down 1.2 percent in October versus September, while the 10-city composite reading registered a 1.1 percent drop. Home prices fell in 19 of the …

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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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