June 24, 2011 (Shirley Allen) Home prices increased 2.0 percent from March to April 2011 according to Radar Logic’s April 2011 RPX Monthly Housing Market Report, but were still down 5.1 percent compared to April 2010. […]
March 21, 2011 (Shirley Allen) There’s more bad news for home prices according to another leading home pricing index. RadarLogic is reporting that home prices have declined to levels not seen since May of 2003. According to the company’s just released RPX Composite index, home prices for the Midwest, West, and the South declined in [...]
March 2, 2011 (Chris Moore) The National Association of Realtors (NAR) reports that pending home sales declined in January for the second month in a row. NAR’s Pending Home Sales Index declined 2.8 percent to 89.9 from a downwardly adjusted 91.5 in December on a scale where 100 reflects home sales in 2001. The figure [...]
December 10 2010 (Jeff Alan) According to Zillow.com Real Estate Market Reports, U.S. homes are expected to lose more than $1.7 trillion in value during 2010, which is 63 percent more than the $1 trillion lost in 2009. The bulk of the total value lost during 2010 was in the second half of the year. [...]
December 3 2010 (Jeff Alan) RealtyTrac has released its third quarter 2010 U.S. Foreclosure Sales Report, which shows that a total of 188,748 U.S. properties in some stage of foreclosure, whether it be by default, scheduled for auction or real estate-owned (REO), sold to third parties in the third quarter, a decrease of 25 percent [...]
November 21, 2010 (Shirley Allen) The “Scorecard” released by the Treasury Department and the Department of Housing and Urban Development (HUD) in November indicates that the housing market is beginning to show signs of stabilization. Read more...
November 1, 2010 (Shirley Allen) Back in 2008, Congress passed the Housing and Economic Recovery Act to try to revitalize the slumping housing market. One of the key provisions of the bill was a first time homebuyer tax credit. Eventually the Act would be extended twice and with the changes made after its initial passage, [...]
