Jan 9th 2013 8:30AM
By Jeff Brown Like many young things, the housing recovery is suffering some growing pains, as appraisals lag rising prices and make it difficult for borrowers to get loans. The problem, mortgage-data firm HSH Associates says, starts with the conservative appraisal standards implemented during the financial crisis. That... Continue Reading »
Jan 8th 2013 3:05PM
There have been numerous signs of a general recovery in the housing market after the significant downturn of a few years ago, but data suggests that a full recuperation is now underway and should continue throughout the year. There should be an appreciable improvement in property values across the top 100 metro areas... Continue Reading »
If you're worried about the hit your property value has taken over the last few years, here's a reason to take heart: Even a rat-infested Seattle alleyway (pictured above) has been valued at $1 million -- and it has a buyer. A million bucks for that? Well, like anyone who wants to determine property value, you have to... Continue Reading »
Jul 24th 2012 12:00PM
By Les Christie NEW YORK -- Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday. Nationwide, home values rose 0.2 percent year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported.... Continue Reading »
Jul 12th 2012 3:45PM
By Alex Veiga LOS ANGELES -- Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values. June provided the latest evidence of this trend, as the number of U.S. homes... Continue Reading »
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