Home Prices Have Been Rising for Three Months

Home Prices Have Been Rising for Three Months: Report Standard & Poor’s reported Tuesday that it’s closely watched Case-Shiller index declined in January for the fifth straight month. But according to John Burns Real Estate Consulting (JBREC), that’s stale news and doesn’t reflect what’s actually happening in the market right now. In fact, the independent …

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Fastest pace for O.C. home market since 2005

The Orange County Register posted a report yesterday, by Steve Thomas of ReportsOnHousing.com.  His report shows that the 2012 home shopping season so far has both rising buyer activity and owners willing to list their properties. All information is from Steve Thomas’ article on OCRegister.com: “Fastest pace for O.C. home market since 2005.” Steve Thomas …

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Will Year of Dragon be good for real estate?

If  past history is any guide, the new lunar year could be when the housing recovery really gets under way. Prices U.S. Calif. O.C. 1976 +7.9% +16.9% na 1988 +4.3% +18.4% +24.9% 2000 +4.3% +11.0% +12.6% Sales 1976 +23.7% +23.0% na 1988 +2.2% +10.0% +7.9% 2000 -1.0% -0.4% +2.2% The Year of the Dragon officially …

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Rise in Home Sales Signifies Strengthening Market

The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. While admitting home sales “are still very low,” Paul Dales, chief economist at Capital Economics, says “it is clear that housing recovery is now well underway.” The evidence: home sales have been on the rise for …

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