Tag Archives: Zillow

Why Housing Affordability Is at Risk

The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading

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US Homeowners Rise Above Water on Mortgages

The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading

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Anna Nicole Smith’s Calif. home sells

2 days Erika Riggs , Zillow Zillow Six years after her death, Anna Nicole Smith’s Studio City, Calif., home has sold This week in celebrity real estate, Anna Nicole Smith’s home has sold, six years after her death, and actor … Continue reading

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Hill & Co. Real Estate Awards Raises and Bonuses to Staff After a Very Strong …

San Francisco, CA, January 12, 2013 –(PR.com)– The San Francisco real estate market has come roaring back. A recent Zillow report suggests that home values in the City have increased 17.6% year over year, with homes in some neighborhoods appreciating … Continue reading

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One Overlooked Fact About the Housing Recovery

As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading

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Homeowners With No Mortgage Offer Clues to Recovery

As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading

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Already Time to Throw Up Caution Signs on Housing?

Fitch contends that home prices remain overvalued and that price growth is not being driven by fundamentals but by technical factors that could easily change. As more homes move more quickly to final foreclosure, especially in states that require a … Continue reading

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Best US Housing Markets for Buyers and Sellers

“Much of that strength is driven by investor interest, as many distressed and non-distressed homes are purchased and transformed into rentals,” says Stan Humphries, Zillow’s chief economist, in the report. “This investor activity is contributing to very low inventory levels, … Continue reading

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Foreclosure discounts shrinking away

Back in 2008 and 2009, foreclosed homes were selling for double-digit discounts, but nowadays savings are much slimmer, especially in some California cities, according to an analysis by real estate site Zillow. In Sacramento, buying a bank-owned property saves you … Continue reading

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Foreclosure Discounts Drying Up

As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading

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