RealtyTrac: Home repossessions declined in June

LOS ANGELES Fewer U.S. homes entered a foreclosure routine or were repossessed by banks in June, a latest pointer that a republic is jolt off a housing bust hangover. Lenders instituted a foreclosure routine on 57,286 homes final month, a lowest turn for any month in 7 1/2 years, foreclosure register organisation RealtyTrac Inc. pronounced […]

Home "flipping" trend returns, melancholy aloft prices

(CBS News) LOS ANGELES – Americans are shopping homes again. While a latest Standard Poor’s/Case Shiller Real Estate Index suggested scarcely 11 percent year-to-year expansion — a largest benefit in 7 years — another trend has also emerged, that once again threatens to pull prices adult more: flipping/buying a home usually to resell it. When […]

Home prices adult in Feb by many in 7 years

A home for sale in Mt. Lebanon, Pa., in Mar 2013.(Photo: Gene J. Puskar, AP) WASHINGTON (AP) — U.S. home prices jumped in Feb by a largest volume in 7 years, justification that a housing liberation strengthened forward of a all-important spring-buying season. Home prices rose 10.2% in Feb compared with a year earlier, CoreLogic, […]

Home run: For many, value of residence is going up

WASHINGTON — Home equity is back! And it’s flourishing fast: According to a latest information from a Federal Reserve, Americans’ net 
equity land in their houses jumped by scarcely half a trillion dollars during a final 3 months of 2012, and have increasing by $1.7 trillion given a open of 2011. What does this meant […]