NEW YORK (AP) — Home prices rose for the fifth month in a row in October, but the recovery is shaky with only 11 of the 20 metro areas tracked showing gains. The Standard & Poor’s/Case-Shiller home price index released Tuesday edged up 0.4 percent to a seasonally adjusted reading of 145.36 in October from … More Home prices rise again in October
NEW YORK (CNNMoney.com) — Home remodelers are getting less bang for their bucks. For the fourth straight year, renovation jobs have added less to resale values relative to their costs, according to an annual Remodeling Cost vs. Value Report released this week by the National Association of Realtors. More
Home sales up 7.4 percent in November as federal aid spurs sales AP – FILE – In this July 24, 2009 file photo, a pending home sale in Palo Alto, Calif., is … By Alan Zibel, AP Real Estate Writer , On Tuesday December 22, 2009, 1:16 pm WASHINGTON (AP) — Home resales surged last … More November home sales soar 7.4 percent
On Monday December 21, 2009, 11:24 am EST By Kim Dixon WASHINGTON (Reuters) – Serious delinquencies among U.S. prime mortgages rose nearly 20 percent in the third quarter from the prior quarter, as the percentage of current and performing mortgages fell for the sixth consecutive quarter, banking regulators said on Monday.
provided by One in four borrowers is underwater on a mortgage in the U.S. Count me among them. My family’s modest, suburban New Jersey house is now worth about $30,000 less than our current balance. We never dreamed of walking away, but the idea of “strategically defaulting,” is something we had to at least consider. … More Confessions of an Underwater Homeowner
The ten metro areas that enjoyed the greatest home-price increases over the past year (through June 30, 2009) largely missed the housing boom and didn’t indulge in subprime-lending excesses. With no boom, these cities had no need to bust. Instead, their housing markets have plugged along at 4% annual price appreciation, below the national average … More 10 Housing Markets Where Prices Have Gone Up
Properties in these cities stay on the market longest, and sell for less than asking price. Prospective buyers eying real estate deals in foreclosure-ridden Florida, where home prices have plummeted and unsold properties clog the market, might find fewer bargains than they’d expected. That’s because sellers in Orlando, Miami, Jacksonville and Tampa are likely to … More Where U.S. Homes Are Most Overpriced