Thirty-three percent of Americans say they expect home prices to rise in the next 12 months, the highest level in more than a year, according to Fannie Mae’s March 2012 National Housing Survey of consumer attitudes about the housing market.
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The housing market is showing “promising signs of stability, though the overall outlook remains mixed,” according to the Obama Administration’s Housing Scorecard for April.
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With an estimated 100,000 abandoned homes across Ohio needing immediate demolition, the state’s attorney general announced it is making $75 million in grants available to local governments to destroy blighted abandoned homes. The inhabitable homes are dragging down overall home prices, state officials say.
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Home remodeling is expected to have its best year since 2006, according to Harvard University’s Joint Center for Housing Studies. The biggest focus areas of home owners in remodeling: Mid-size kitchen and bath projects, maintenance improvements, and energy efficiency upgrades.
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Are Facebook’s 150 million American users revealing too much — and are you one of them?
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