by countyproperties | Dec 23, 2011 | Latest News, Real Estate news
Housing starts shot higher by 9.3% in November, according to Commerce Department data, climbing to the highest level of the year. On a seasonally adjusted basis, starts increased to 685,000 from 627,000 for October, which was revised downward 1,000. November housing...
by countyproperties | Dec 16, 2011 | Finance, Latest News, San Diego Real Estate
After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures...
by countyproperties | Dec 16, 2011 | Latest News, Riverside foreclosure news, San Diego Foreclosure news
U.S. home values continued to fall in October, but at a rate that has stabilized as the market heads toward a bottom, according to a report from property valuation site Zillow. Nationally, home values dipped 0.3 percent in October from September, and declined 5.1...
by countyproperties | Dec 16, 2011 | Latest News, loan modification, San Diego Foreclosure news, San Diego Short Sales
Foreclosure-prevention actions by Fannie Mae and Freddie Mac increased in the third quarter of 2011, according to a report by the Federal Housing Finance Agency. Since entering conservatorship in 2008, the GSEs have taken nearly 2 million foreclosure-prevention...
by countyproperties | Dec 10, 2011 | Finance, Latest News, Real Estate news
Barclays Capital analyst Stephen Kim predicts a housing recovery buoyed by improving jobs numbers and the fact prices for nondistressed homes will have stabilized without government support. “In the absence of a government homebuyer incentives, prices for...
