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A Stronger Year for Short Sales coming in 2013

Even though the number of foreclosure filings has risen dramatically in recent months in some parts of the country—specifically in judicial states—the ratings agency DBRS expects total foreclosure filings to show evidence of a steady decline in 2013 when compared to 2012. This is due to
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A Housing Boom Could be Coming

NEW YORK (CNNMoney) -- The long-battered housing market is finally starting to get back on its feet. But some experts believe it could soon become another housing boom. Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also
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Housing Is Finally Giving the Economy Some Love

Friday’s report on U.S. economic growth confirms two emerging trends about the long-ailing housing sector: It is finally delivering a lift to the economy, but it is not delivering anywhere near the kind of boost that it traditionally has during a period of economic expansion. Housing has now
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Real Estate Agents Suggest Banks May Be Holding onto REOs

A sharp drop in distressed sales is one of the main drivers behind the steady rise in home prices seen in certain areas throughout the country, according to the monthly Campbell/Inside Mortgage Finance HousingPulse survey. The survey includes responses from about 2,500 real estate agents through
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New home sales hit a two year high

NEW YORK (CNNMoney) -- In another sign of a housing market recovery, new-home sales rose in September to the highest level in more than two years, according to a government report released Wednesday. Sales sold at an annual rate of 389,000 homes in the month, according to the Census Bureau
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Foreclosures fall in 62% of the nation’s 212 largest markets

NEW YORK (CNNMoney) -- Foreclosures fell in nearly two-thirds of the nation's largest metro areas during the third quarter, according to RealtyTrac Thursday. With 62% of the nation's 212 largest markets seeing foreclosure activity shrink during the latest quarter, the ongoing decline is yet
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Five Smart moves for first time homebuyers

As a first-time real estate buyer, you probably have no idea how the overall purchasing process works or how to make sure you’re making a smart decision to purchase. And you’ll probably be very surprised to learn how much work it really is just to buy a home. To get you started in the right
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Four More Years of Accommodative Housing Policy

A big part of my job is helping our clients project the most likely scenarios for the housing market. Now that we know who will be President, my job just got easier because we have 4 years of experience with Obama and a divided Congress, so we know what we are getting. However, there is never a
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Tax break for struggling homeowners set to expire

NEW YORK (CNNMoney) -- The clock is ticking on a tax break that saves struggling homeowners from paying thousands of dollars to the IRS. If the Mortgage Forgiveness Debt Relief Act of 2007 does not get extended by Congress by the end of the year, homeowners will have to start paying income taxes
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If A Starbucks Opens In A New Neighborhood, It’s Time To Buy A Home There

"Wake up and smell the coffee," writes Michael Corbett, Trulia's real estate expert and and host of NBC's "Extra's Mansions & Millionaires!" in his book Before you Buy! The Homebuyer's Handbook for Today's Market. He's talking about big chains such as Starbucks and Whole Foods. If you see
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