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Existing Home Sales Continue Prices Dip
Existing home sales increased 1.7% in August, and were up 13.2% from the same period a year ago, reaching the highest level since February 2007. The National Association of Realtors (NAR) reported that August 2013 total existing home sales were at a seasonally adjusted rate …
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Housing Recovery Evolving
July’s real estate market data shows the nation experienced a 5.24 percent decline in housing inventory, which is the second month in a row with year-over-year inventory declines in the single digits. National median list prices increased 5.27 percent year-over-year while median age of inventory …
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Turnaround Towns Q2 2013
Oakland, Orange County and the Santa Barbara-Santa Maria-Lompoc area in California are leading the nation in housing recovery, according to the realtor.com® Turnaround Towns report for the second quarter of 2013. And Detroit is an unexpected winner, showing up as No. 7 on the list. …
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Most Overvalued Housing Markets in US
Rapid price increases in real estate can result in certain markets becoming overvalued. Conversely, properties trending at prices lower than perceived market value can result in housing areas becoming undervalued. Forbes recently explored the 10 most overvalued housing markets in America, using research data collected …
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Too Late For A Good Mortgage Rate?
Is it too late to get a good mortgage rate? Freddie Mac released the results of its Primary Mortgage Market Survey last week, which indicated that average fixed mortgage rates have declined slightly in the wake of the sharp increase after the Federal Reserve’s announcement …
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