Foreclosures
May 30, 2012
Prices, however, were unchanged in Las Vegas. The increase is the latest evidence of a slow recovery
taking place in the housing market.
The Standard & Poor's/Case-Shiller home price index shows that prices rose in 12 of the 20 cities tracked.
Three of the weakest markets showed signs …
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May 25, 2012
Median prices have risen and are expected to inch up over the next few months.
347 sales in April are a 34.7 percent increase from the same month a year ago, according to Home Builders Research.
Builders are seeing more traffic through new home sub-divisions as resale inventory has tightened, a …
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May 23, 2012
Americans bought more previously owned homes in April, a hopeful sign that the housing market is
gradually improving.
The National Association of Realtors said that home sales rose 3.4 percent last month to a seasonally
adjusted annual rate of 4.62 million. Home sales have rebounded after falling in …
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May 16, 2012
Foreclosure starts continued to decline in Nevada and other Western states in April, offsetting small
gains in new foreclosure filings from the previous month, ForeclosureRadar.com reported.
In Clark County, notices of default filings - the initial step in the foreclosure process - fell nearly
30 percent in April to 962, foreclosure …
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May 8, 2012
The median price for 3,185 single-family homes sold in April was $127,900, up 4 per cent from the previous
month, and up 2.3% from April 2011.
It is the first time prices have increased on a year-over-year basis since August 2010, said Kolleen Kelley, President of the Realtors …
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May 3, 2012
The Arizona capital of Phoenix was one of the hardest hit markets by the housing crisis, with home values plunging nearly 60 percent from 2006 through mid-2011 and foreclosure filings soaring.
As recently as June 2011 Phoenix held the second highest metro foreclosure rate in the country, behind only Las …
April 25, 2012
They were the same cities that posted lows in January. Atlanta, Cleveland, Detroit, and Las
Vegas continue to have average prices below their January 2000 levels in the Standard
and Poor's/Case-Shiller home-price index.
Nationwide, home prices dropped in February in most major U.S. cities for a sixth …
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April 20, 2012
The new home price increased 3.3 per cent from February to $201,668, and is up 1.6 percent from
$198,400 from a year ago in the same month.
The resale median was $103,000, an increase of $2,200 from February but down from $107,000 a …
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April 18, 2012
More Americans are taking out mortgages, paying them on time, and taking advantage of low interest
rates to refinance.
At JP Morgan Chase, the biggest U.S. Bank, income from new home loans set a record for the first quarter.
The bank issued 6 percent more mortgages than a year …
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April 17, 2012
Foreclosures are down and home prices have increased in recent months, but that doesn't
mean that Nevada's housing market is on the way to recovery.
According to a Lending Tree Healthiest Housing Index released in late March, Nevada has the highest
loan-to-value ratio - over 110 percent - meaning that …
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