Homeowners who bought at the peak of the boom in 2007 and 2008 are the last group to still owe more on their homes than they are worth, but rising prices are closing the gap quickly and it will be only a matter of months before negative equity, one of the deadliest consequences of the housing crash is a thing of the past. Read More »

Approximately 791,000 more homeowners returned to a state of positive equity during the third quarter of 2013 leaving only 6.4 million homes still underwater, according to the latest analysis by CoreLogic. The total has fallen from 7.2 million homes, or 14.7 percent of all residential properties with a mortgage, at the end of the second quarter of 2013*. The total … Read More »

A majority of the nation’s largest markets, 53 percent,have now recovered more than half of the equity that they lost during the Great Recession, according to the latest Rebound Report from Homes.inc. Read More »

Home price increases will end up at 6.7 percent year-over-year before slowing to roughly 4.3 percent next year, on average, and eventually falling to 3.4 percent by 2018, a panel of more than 100 forecasters concluded. Read More »

Detroit, Santa Barbara, Calif. and Reno, Nev. markets are currently leading the nation in recovery according to realtor.com’s third quarter ranking of America’s top turnaround markets. Read More »

The shadow inventory-the number of homes in the foreclosure pipeline–is down 33 percent from a year ago and now is at its lowest level since August 2008, at least one year before the notion of a foreclosure shadow inventory was recognized. Read More »

Home price gains in September rose over record August levels, evidence of residual summer buying activity, according to the first market report of the month to be released. Read More »

In its forecast for September year over year home prices, CoreLogic is ignoring predictions for a slowing down of the recovery with the end of the 2013 home buying season and predicts a 12.7 percent price hike in September after reporting August prices reached 12.4 percent. Read More »

Most Americans think home prices will go up over the next 12 months, especially upper-middle-income households according to a new Bankrate.com report. Read More »

Lending standards? What lending standards? Purchase loans are soaring as home buyers outmuscle refinancing home owners in the pursuit of mortgage credit. Read More »