Shadow Inventory Down 28 Percent from 2010 Peak

CoreLogic, a leading residential property information, analytics and services provider, reported recently that the overall shadow inventory is down 28 percent from its peak in January 2010, when it reached 3 million homes  Read More >


  http://rismedia.com/2013-03-30/shadow-inventory-down-28-percent-from-2010-peak/

From Gloom to Bloom: Expecting the Healthiest Spring Season Since 2007

Freddie Mac recently released its U.S. Economic and Housing Market Outlook through March showing that as we head into the spring home buying season, continued low mortgage rates, increasing house prices, and gradually improving consumer confidence will help support increased home sales. A short preview video and the complete March 2013 U.S. Economic and Housing Market Outlook are available here.
Outlook Highlights
•Compared to 2012, expect home sales to be up 8 to 10 percent for 2013. ...

Read More > FULL ARTICLE LINK
--
Frank Gleason
Keller Williams, Metro North
(205) 572-2557
VISIT : franksoldit.com
franksoldit@gmail.com
Real Estate Redefined

Real Estate is Back!

Here are some highlights

• 84% Think Real Estate Values Will Increase
• Hot and Rebounding Real Estate Markets
• Cracks in the Canadian Real Estate Market

Accuracy of Zillow, Trulia listing data under fire again

Touting IDX data, ZipRealty invites consumers to use new 'Listing Check' tool

By Paul Hagey, Wednesday, March 6, 2013.

Inman News®

Home search image via Shutterstock.

Editor's note: This story has been updated with comments from Zillow and Trulia, and additional details on ZipRealty's study of listings accuracy.

Following in the footsteps of Redfin, ZipRealty Inc. is emphasizing the timeliness and accuracy of the Internet Data Exchange (IDX) listing data it serves up on its website in comparison to the sometimes dated and incomplete information on third-party listing portals like Zillow and Trulia. FULL ARTICLE LINK

Home-Prices-Closed-out-a-Strong-2012

		Home Prices Closed Out a Strong 2012 Data through December 2012, released this week by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that all three headline composites ended the year with strong gains. The national composite posted an increase of 7.3 percent for 2012.

 FULL ARTICLE LINK :

http://rismedia.com/2013-02-27/spcase-shiller-home-prices-closed-out-a-strong-2012/

Housing Continues to Gain Ground By Pete Bakel

Housing Continues to Gain Ground By Pete Bakel
Although the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to Fannie Mae's Economic & Strategic Research Group.  FULL ARTICLE LINK

Home Prices in 2012: Best Year-on-Year Gain in Six Years

Home Prices in 2012: Best Year-on-Year Gain in Six Years

CoreLogic®, a leading residential property information, analytics and services provider, recently released its December CoreLogic HPI® report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. Full Article Link:
  http://rismedia.com/2013-02-07/home-prices-in-2012-best-year-on-year-gain-in-six-years/

Frank Gleason has shared: Existing-home sales near 5-year high | Inman News

Existing-home sales near 5-year high   New listing sold image via Shutterstock. Existing-home sales, prices and inventory saw dramatic changes in 2012 reminiscent of the housing boom, statistics released today by the National Association of Realtors show. Full Article Link
	Existing-home sales near 5-year high | Inman News Source: inman.com

Frank Gleason sent this using ShareThis. Please note that ShareThis does not verify the ownership of this email address.

Existing Home Sales Hit 5-Year High in 2012

Existing Home Sales Hit 5-year High in 2012
By Ruth Mantell
(MCT)—Sales of existing homes ticked down in December from the month before, while the total for 2012 hit the highest level in five years, according to data released Tuesday by the National Association of REALTORS®. The pace of sales fell 1 percent in December to a seasonally adjusted annual rate of 4.94 million, according to NAR. For all of 2012, existing-home sales hit 4.65 million, the highest level since 2007 and up 9.2 percent from 2011. “Record-low mortgage interest rates clearly are helping many home buyers, but tight inventory and restrictive Read More >				mortgage underwriting standards are limiting sales,” ..	.

Housing Starts End 2012 on a High Note

Housing Starts End 2012 on a High Note
 
http://rismedia.com/2013-01-22/housing-starts-end-2012-on-a-high-note/

Will the Recovery Continue? A Look at Housing in 2013

 

Will the Recovery Continue? A Look at Housing in 2013

2012 was the year that the U.S. housing market began its long-awaited recovery. Will the recovery continue in 2013, or will we see another setback? And what are the implications for real estate professionals—especially those who specialize in distressed... READ MORE >

 http://rismedia.com/2013-01-21/will-the-recovery-continue-a-look-at-housing-in-2013/