INFO THAT HITS US WHERE WE LIVE

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… Last Tuesday another housing market obstacle appeared in the form of Standard & Poor’s Case-Shiller Home Price Index for March. Prices for 20 major metro areas dropped 0.8% for the month and were down 3.6% from a year ago. These numbers had some folks claiming the double dip in housing prices had arrived. But… Read More

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Mortgage Rates at Lowest Level of the Year!! (MSN)

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Mortgage rates at lowest level of the year By MSN Money partner on Thu, May 12, 2011 1:05 PM This post comes from Amy Hoak at partner site MarketWatch. Meanwhile, foreclosures and other distressed homes are holding home prices down in many areas. Mortgage rates fell for the fourth week, with rates on the 30-year… Read More

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It’s time to buy again (CNN Money)

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Posted by Shawn Tully, senior editor-at-large March 28, 2011 5:00 am Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. A home under construction in Austin. The number of new homes in the pipeline nationwide is quite low. From his wide-rimmed cowboy… Read More

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Homes sale up as prices hold steady (CNN Money)

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By Les Christie, staff writer February 10, 2011: 11:09 AM ET NEW YORK (CNNMoney) — Home sales volume rose sharply in the final three months of 2010, aided by more stable prices on a year-over-year basis, a real estate industry group said Thursday. Sales jumped 15.4% in the fourth quarter to an annual rate of… Read More

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The Big Plunge (Seattle Times)

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I saw this article this morning on Twitter from the Seattle Times The Seattle-area housing market’s big plunge Here’s a snapshot of the market on its way up in 2005, near its peak in 2007, and three years after the fall in 2010. By Eric Pryne Seattle Times business reporter Back in 2005, houses were… Read More

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