Dec 27th 2011 11:40AM
WASHINGTON - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in October from September in 19 of the 20 cities... Continue Reading »
Dec 26th 2011 9:00AM
It seemed like a race to the bottom this year: Along with continued declines in property values, every season seemed to see another record low in interest rates -- though fewer-than-expected buyers were inclined to take advantage. Also on the way down or stuck in the cellar: the number of Americans who expected to... Continue Reading »
Dec 23rd 2011 3:30PM
By Sheryl Nance-Nash The year-end housing news is sobering -- U.S. homes are expected to lose more than $681 billion in value in 2011. But there's an upside -- that's 35 percent less than the $1.1 trillion lost in 2010, according to new research from Zillow, a real estate information marketplace. What else did the... Continue Reading »
Nov 10th 2011 7:00AM
WASHINGTON -- Home prices dropped in nearly three quarters of U.S. cities over the summer, dragged down by a decline in buyer interest and a high number of foreclosures. The National Association of Realtors said Wednesday that the median price for previously occupied homes fell in the July-September quarter in 111 out of... Continue Reading »
Oct 29th 2011 8:45AM
Unless you've been living in a cave for the past five years, word surely must have reached you that home values have been declining for a while. Yet 42 percent of the people polled by Zillow recently said they thought home values appreciate by 7 percent a year. Really, people? Even in a normal market, typical appreciation... Continue Reading »
