As heard in reports, activity from institutional investors looms large in California, evidenced by cash sales, which are generally linked to investors. According to ""PropertyRadar"":http://www.propertyradar.com/, cash sales for properties in...
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Initial Unemployment Claims Slip Again
Initial unemployment insurance claims fell 7,000 for the week ending March 2, closing the week at an advance estimate of 340,000, the ""Labor Department"":http://www.ows.doleta.gov/unemploy/ ""reported Thursday"":http://www.ows.doleta.gov/press/2013/030713.asp. [IMAGE] The decline represents...
Read More »Interthinx: Mortgage Fraud Risk Climbs to Highest Level Since 2009
...Report"":http://www2.interthinx.com/MFRR_2012Q4, the mortgage fraud risk index climbed to 159, representing a 16 percent increase from Q3 2012 and 9 percent increase from Q4 2011. Interthinx pinpointed the source of the...
Read More »Survey: Experts Predict 3.1% Price Increase in 2013
Home prices will increase by 3.1 percent in 2013 and top off 2012 with a 4.6 percent gain, according to ""Zillow's"":http://www.zillow.com/ December Home Price Expectations Survey. [IMAGE] The survey, which...
Read More »Consumer Confidence Improves Despite Economic Challenges
After reaching a year-to-date high in October, consumer confidence continued to climb in November, according to ""The Conference Board's"":http://www.conference-board.org/ recently released _Consumer Confidence Index_. [IMAGE] The index, which is based...
Read More »Housing Starts Up in October, Completions Soar
...ago. Total starts rose in two of the four census regions, improving 34,000 in the West to 232,000 and 13,000 in the Midwest to 159,000 while dropping 11,000 in the...
Read More »Foreclosure Starts Reach 2007 Levels, LPS Explains Rise in Delinquencies
...and serious delinquencies (90-plus days) fell 8.1 percent yearly. Foreclosure starts, which numbered about 159,000, hit their lowest level since September 2007 and were down 27.9 percent yearly. Foreclosure inventory...
Read More »August Home Prices Up 4.7% from Year Ago: FHFA
The ""Federal Housing Finance Agency's"":http://www.fhfa.gov/ (FHFA) House Price Index (HPI) continued its upward crawl in August, rising 0.7 percent from July, according to a release from the agency. For the...
Read More »Asking Prices Up, Rent Prices Rising Faster than Home Prices: Trulia
If current trends persist, this year may be the first year since 2006 the housing market records an annual price increase, according to a report released Thursday by ""Trulia"":http://www.trulia.com/. [IMAGE]...
Read More »Treasury Expects Return of $15.1B from AIG Stock Sale
After bailing out American International Group, Inc. (AIG) at a price tag of $182.3 billion, ""Treasury"":http://www.treasury.gov/Pages/default.aspx and the ""Federal Reserve"":http://www.federalreserve.gov/ are expecting to see their full investment back, plus a...
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