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December U.S. Home Prices Rise 8.3% Over Last Year, Biggest Annual Increase Since May 2006

December U.S. Home Prices Rise 8.3% Over Last Year. According to CoreLogic’s December HPI report, home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents the biggest
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Mortgage Application Volumes in U.S. Uptick 3%, Says MBA Survey

Mortgage Application Volumes in U.S. Uptick 3%, Says MBA Survey. According to the Mortgage Bankers Association’s latest (MBA) Weekly Mortgage Applications Survey for the week ending February 1, 2013, mortgage applications increased 3.4 percent from one week earlier. Last week
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  • U.S. Housing Recovery Progresses in 2013, January's Momentum Stalls

As U.S. Housing Recovery Progresses in 2013, Short Term Momentum Stalls in January

U.S. Housing Recovery Progresses in 2013, January’s Momentum Stalls. According to Clear Capital’s latest Home Data Index (HDI) Market Report for January 2013, quarterly US home price trends both nationally and regionally strengthened with the exception of the Midwest, whil
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Timber Industry Begins Rebound, Aided by Recent US Housing Recovery

Timber Industry Begins Rebound, Aided by Recent US Housing Recovery. The fortunes of the timber industry wax and wane with that of the housing industry, so it isn’t surprising that as the housing industry begins its recovery, the timber industry is recovering as well. The Nation
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U.S. Property Market 767,000 Completed Foreclosures in 2012; Foreclosure Inventory Fell 19.5%

U.S. Property Market 767,000 Completed Foreclosures in 2012 according to CoreLogic’s latest National Foreclosure Report, which provides data on completed U.S. foreclosures and the overall foreclosure inventory. Overall, there were 56,000 completed foreclosures in the U.S. in Dec
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Foreclosure Activity Increased in 54% of U.S. Markets in 2012

Foreclosure activity increased 54% of U.S. markets in 2012 According to RealtyTrac’s 2012 Year-End Metropolitan Foreclosure Market Report. Foreclosure activity increased from 2011 in 120 (57 percent) out of the nation’s 212 metropolitan statistical areas with a population
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30-Year Fixed Mortgage Rate Hits 5-Month High, Up 14 Basis Points

Date:January 29, 2013 | Category:Finance | Author:Camille Salama Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.42 percent, up from 3.28 percent at this same time last week. After jumping to 3.
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Miami metro area construction contracts rose 67 percent in 2012: report

January 30, 2013 12:00PM Contracts for future construction in the Miami-Fort Lauderdale-Miami Beach metropolitan area rose by 67 percent through December 2012 compared to 2011, according to data from McGraw-Hill Construction. That increase was led by residential construction, which sa
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U.S. Home Prices Continue Upward Trend, Says Case-Shiller Index

By David Barley, World Property Channel on January 29, 2013 9:50 AM According to the latest S&P/Case-Shiller Home Price Index, U.S. home prices rose 4.5% for the 10-City Composite and 5.5% for the 20-City Composite in the 12 months ending in November 2012. Click here to see the f
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U.S. Housing Targeting Aging Baby Boomers Expected to Grow Through 2020

By David Barley, World Property Channel on January 24, 2013 8:30 AM According to home building industry experts at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas this week, the segment of the housing industry that caters to those home
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