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Fitch Analysis: Housing will be Economic Boon in 2013

The housing market will contribute positively to the U.S. economy in 2013, with single-family housing starts climbing 18 percent, new home sales rising 22 percent, and finally, existing-home sales increasing 7 percent, according to an optimistic report by Fitch

2012 Zillow Home Value Index Increases 5.9 Percent Over 2011

The latest Home Value Index from Zillow had nothing but good things to share about the housing market, with U.S. home values increasing 5.9 percent in 2012 over 2011. Furthermore, the Home Value Index also increased in 2012’s fourth quarter,

Existing-Home Sales Increase 12.8 Percent in December

Existing-home sales increased 12.8 percent year-over-year in December as the housing market closed out a stellar 2012, according to the latest numbers from the National Association of Realtors. Though sales did dip a bit from November to December, falling

Home Price Increases Lift 1.4 Million Borrowers From Negative Equity

Riding the wave of increasing home prices, approximately 100,000 borrowers were lifted out of negative equity in the third quarter of 2012, according to the latest analysis of mortgages by CoreLogic. From January to September 2012, 1.4 million borrowers

2012 Ends on Solid Footing in Redfin Real-Time Price Tracker

The U.S. housing market ended 2012 on solid footing in the Redfin Real-Time Price Tracker, with home prices, housing inventory and home sales all improving over 2011. A monthly measure of the housing market’s key fundamentals, the Real-Time Price Tracker tracks

Are Price Reductions Becoming More Infrequent?

Heavy price reductions were one of the ugliest side effects of the housing downturn, but a new study by Trulia suggest that price reductions may be happening with fewer frequency as the housing market

Housing Starts Soar in December to Highest Level Since 2008

Housing starts soared in December, climbing 12.1 percent from November and 36.9 percent from December 2011 to a seasonally adjusted annual rate of 954,000, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and

Builder Confidence Holds Firm in January Housing Market Index

Builder confidence in the newly built, single-family homes market held firm in January, remaining at a level of 47 in the NAHB’s Housing Market Index, the industry’s leading measure of builder confidence. That’s the eighth consecutive month of gains for the

Home Prices Increase 7.4 Percent in CoreLogic HPI, Hit Six-Year High

By Peter Ricci Home prices increased 7.4 percent from November 2011 to November 2012 in the lastest CoreLogic HPI, which is the ninth straight month of year-over-year home price increases and the strongest showing from home prices since May

CoreLogic: Total Home Sales Increased 6 Percent from 2011 to 2012

Total home sales increased 6 percent in 2012 over 2011 according to the January MarketPulse report from CoreLogic, a wide-ranging analysis of the housing market that anticipated good things for the real estate industry in 2013. With that 6

Improving Markets List Adds 47 New Metros, Positive Sign for Housing

According to the National Association of Home Builders/First American Improving Markets Index (IMI), the number of metropolitan areas on the IMI list rose for a fifth consecutive month to 242 in January, marking what the NAHB calls “the latest

Housing-Related Searches on Google Grew 253 Percent Over Past Four Years

Google and NAR team up on housing study With housing search data from Google combined with buyer and seller behavior from the National Association of Realtors (NAR), the story of today’s homebuyers and sellers is unfolding, and it is

NAR's Housing Affordability Index Soars to New High in 2012

Buyers enjoyed unprecedented buying power last year, according to the National Association of Realtor’s Housing Affordability Index. Cruising past 2011’s record figure of 186, the index is expected to reach an all-time high of 194 for

Smarter Growth America: Govt Spends $450 Billion a Year on Real Estate

Real estate is often considered the last truly “free” market in the U.S. economy, a sector that, unlike agriculture, manufacturing, education or health care, has avoided the influence of government to grow and prosper – or has it? According to a

When Renting Became More Expensive Than Owning

Proponents of renting have often argued that renting is less expensive that owning, and admittedly, the argument makes sense; after all, renters do not have to worry about repairs, insurance or property taxes, among the other additional costs owners

Fannie Mae National Housing Survey Reveals Great Expectations

It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to Fannie Mae’s December National

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