Home Prices Down in 2011, but Market Stability Forecast for 2012

While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital …

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Fraud Criminals Migrate to Hardest Hit Areas

Homeowners, be forewarned:  data from Interthinx shows that mortgage- and foreclosure-fraud is on the rise.  Read the following article from DSNews.com for further information: “Data released Monday shows an increase in mortgage related fraud in areas with high rates of foreclosure activities and underwater borrowers. Risk analytics firm Interthinx released its annual Mortgage Fraud Risk …

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Why Some Buyers are Still Waiting

Realtor.org‘s magazine had the following article: Amid all the news coverage about how the housing market is still in the tank, there’s one piece of news that seems to have escaped most commentators: Housing is at its most affordable level in decades. Because of record-low mortgage rates (the average 30-year fixed rate was at 4.3 …

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Economists Say Home Prices Have Already Hit Bottom

Home prices in the United States found their floor during the early part of 2010 and are expected to begin trending upward next year, according to a panel of elite economists surveyed by the National Association for Business Economics (NABE) for its October 2010 Outlook. “The housing recovery is intact, but tepid overall. Home prices …

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