While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company's predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. In 2012, Clear Capital is [...]
What's in store for housing markets in 2012? Well, the good news is, we may finally be over the worst, according to the authors of a new Kiplinger article. Following five long, often painful years of price declines, which saw median home prices drop by almost 40%, housing is finally showing signs of a rebound [...]
Five consecutive years of declining home values have taken its toll on the country, with homeowners shouldering the brunt of these losses. In 2010, home values fell a collective $1.1 trillion according to Zillow, but in 2011 those losses have eased with Zillow estimating that home values fell by approximately $681 billion or 5.1 percent. [...]
U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy. The Standard & Poor's/Case-Shiller index released recently showed prices dropped in October from September in 19 of the 20 cities tracked. Prices in a majority of cities declined for the second straight month, [...]
Delinquent borrowers facing foreclosure are learning that they can stay in their homes for years, as long as they're willing to put up a fight. Among the tactics: Challenging the bank's actions, waiting to file paperwork right up until the deadline, requesting the lender dig up original paperwork or, in some extreme cases, declaring bankruptcy. [...]
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