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Housing Crisis

Prices Turn Frosty in First November Data

National and regional rates of growth showed clear signs of winter chills in November, as summer buying activity gave way to the typical winter slow down. Nationally, home prices cooled off to a 10.8% year-over-year growth, a slight tapering over the previous quarter’s 11.0% yearly growth Read More »

Smile When You Say “Bubble,” Mister

Texas tempers heated up last month when Trulia, a California-based web site, added all three of its major cities to its “Bubblewatch” list of major markets it considers to be overvalued. The designation was not appreciated in the Lone Star State. Read More »

Boomerang Buyers Can’t Get a Loan

A growing number of the 7 million former home owners who lost their home either to foreclosure or short sales can’t shake the homeownership bug, Now that the housing sector is recovering, many of these “Boomerang Buyers” are back in the market but many are failing to get financing. Read More »

New York Foreclosures Soar a Year After Sandy

One year after Hurricane Sandy made landfall on the U.S. eastern seaboard, RealtyTrac today reported that foreclosure activity in the first nine months of 2013 is up 33 percent compared to the first nine months of 2012 in the 7-county region including the five boroughs of New York and Long Island. Read More »

Paranormals Push up Prices

Even ghosts and goblins are contributing to the housing boo-oom. New studies released this week suggest that haunted houses have lost some of their power to instill terror on those silly enough to buy them-adding a metaphysical reason for appreciating prices. Read More »

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