Home buying is the smarter choice than renting, according to Trulia’s Winter 2012 Rent vs. Buy Index.
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Shadow inventory–distressed properties not yet listed for sale–has decreased about 10 percent compared to a year earlier, according to CoreLogic.
While the decrease has been viewed as a welcome sign to housing experts, shadow inventory still remains a threat to a housing recovery, even at a time when the housing market has shown other signs of improvement in recent weeks.
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While the decrease has been viewed as a welcome sign to housing experts, shadow inventory still remains a threat to a housing recovery, even at a time when the housing market has shown other signs of improvement in recent weeks.
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An increase in housing construction and sales has been helping home builder stocks grow the last six months, reaching the highest levels in two years, The New York Times reports. In fact, 11 home builder stocks have increased 80 percent since October alone, according to a Standard & Poor’s index.
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The number of real estate professionals who say home prices will rise in the next six months has more than doubled in one quarter, according to a new survey by HomeGain.
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Rising gas prices will likely push more post-housing bubble home seekers in search of smaller homes closer to urban areas, according to speakers at the “What’s Next: Real Estate in the New Economy” conference sponsored by the Urban Land Institute of North Texas.
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The U.S. Supreme Court handed private property owners a victory yesterday with a decision allowing a couple to appeal an EPA ruling that their property contains a wetlands.
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