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Showing page 4 of 14 (132 total posts)
  • High-Priced Properties Drive Housing Recovery

    Daily Real Estate News | Wednesday, November 06, 2013 --> Sales growth is strongest among homes in the highest home tiers, according to a new analysis of housing data from the National Association of REALTORS®. Homes in the above-median-priced categories are outselling homes in the lower-priced tiers.  Over the past year, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on November 6, 2013
  • Michael Jordan’s $21M Home on Auction Block

    Daily Real Estate News | Tuesday, October 22, 2013 --> Former basketball star Michael Jordan is selling his $21 million suburban Chicago home — but taking a non-traditional route to do it. He's putting it up for auction.  A growing number of multi-million dollar homes are landing on the auction block as auctions become ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 22, 2013
  • Housing Moves Toward 'Healthy Equilibrium'

    Daily Real Estate News | Thursday, October 17, 2013 --> The housing market is finding its center again, showing signs of greater balance, according to realtor.com’s latest National Housing Trend Report. The analysis finds year-over-year trends revealing strong gains in median list prices and declines in days on the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 17, 2013
  • NAHB Says Housing Will Strengthen in 2014

    Daily Real Estate News | Monday, October 07, 2013 --> Despite many headwinds, the housing recovery is expected to pick up in the next year. “The cards are in play for a decent and fairly strong recovery in 2014 and particularly in 2015,” says David Crowe, chief economist for the National Association of Home Builders. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on October 7, 2013
  • Michigan's Foreclosure Rate drops 55%

    8 States With Biggest Foreclosures DropsDaily Real Estate News | Tuesday, September 17, 2013 --> The number of home owners entering the foreclosure process dropped below pre-recession levels in August, according to RealtyTrac. In some states, the declines were even more pronounced. Financial site 24/7 Wall St. reviewed the states with ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 17, 2013
  • Condo Boom? Market Shows Signs of a Revival

    Daily Real Estate News | Monday, September 09, 2013 --> The condo sector has experienced lackluster growth in sales and development the last few years, but it may finally be seeing a turnaround in markets across the country. Condo sales are showing signs of strengthening as demand picks up from Baby Boomers and young professionals. ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on September 9, 2013
  • Foreclosures Down 29% From Year Ago

    Daily Real Estate News | Wednesday, July 10, 2013 --> Foreclosures are continuing a steady fall, as home prices rise and the housing market picks up nationwide.  About 1 million homes were in some stage of foreclosure in May, down from 1.4 million in May 2012, a 29 percent decline, according to CoreLogic’s latest ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 27, 2013
  • Shadow Inventories Becoming Vanishing Problem

    Daily Real Estate News | Monday, August 26, 2013 --> Shadow inventories posted the largest quarter-over-quarter decline since the housing crisis began, and dropped 23 percent year-over-year, according to Compass Point Research & Trading.  Shadow inventories — homes at risk of default that have yet to hit the market ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on August 27, 2013
  • Despite Rising Mortgage Rates, Housing Remains a Positive Contributor

    July 22, 2013Economy Poised for a Stronger Second Half of 2013Despite Rising Mortgage Rates, Housing Remains a Positive ContributorPete Bakel202-752-2034WASHINGTON, DC – The ongoing housing recovery coupled with improvement in both consumer confidence and the labor market are expected to boost economic growth in the second half of the year, ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on July 24, 2013
  • Feds Target Bid-Rigging Scams at Foreclosure Auctions

    Federal investigators are cracking down on foreclosure auction scams, where real estate speculators illegally try to fix the bidding process on properties. The cases mostly center in northern and central California, but bid-rigging schemes have also been discovered in Raleigh, N.C., and Mobile, Ala. Federal prosecutors have charged 54 people in ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on June 4, 2013
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