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Yearly Archives: 2012

US pending home sales plunge in April

Fri Jun 1, 2012 on Blog

US pending home sales plunge in April (via AFP) US pending home sales plunged in April but an overall upward trend remained firmly in place amid a slowly recovering housing market, an industry group said Wednesday. The National Association of Realtors said its index of pending home sales, or contracts signed but not closed, dived 5.5 percent to… home sales, […]

US existing home sales, prices rise in April

Tue May 22, 2012 on Blog

US existing home sales, prices rise in April (via AFP) US existing home sales increased in April and home prices continued to rise, an industry group said Tuesday in a report signaling recovery under way in the distressed housing market. Sales of previously occupied homes rose 3.4 percent to an annual rate of 4.62 million in April, and were 10 […]

Short Sales Soar as Home Foreclosures Fall

Wed May 2, 2012 on Blog

From Josh Crank, The foreclosure crisis isn’t over, but a new trend in real estate sales could be the light at the end of the tunnel for many borrowers and lenders. Short sales, which occur when homeowners sell their homes for less than what they still owe, outpaced foreclosures for the first time ever in January, according to a new report from Lender Processing […]

Index: South Florida Housing Bottom Has Arrived; Prices to Surge in 2012

Thu Apr 26, 2012 on Blog & Florida Real Estate

The housing market pendulum in South Florida is finally starting to swing in the other direction. Realtors, buyers and sellers have long been looking for looking for home prices, which have been declining steadily since 2007,  to bottom out and analysts at a major housing index say that time has arrived! Real estate database Zillow reports South Florida home values […]