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Housing Market News

One in Four Home Sellers Forced to Lower their Asking Price in September

It’s a little early for annual look-backs, but 2013 will probably be recognized as the year of the buying frenzy… until it wasn’t. Nearly every month, headlines reported home prices hitting or surpassing five-year highs, and fierce bidding wars made some sellers question whether they should have listed their home for an even higher price.

One in Four Home Sellers Forced to Lower their Asking Price in September Read More »

A Common Trait that Silicon Valley, Las Vegas, and New York all Share. Hint: It's not the Weather

On average, for every $1 billion increase in stock value of companies in a given area, the median sale price of nearby homes increases by $4,400. That doesn’t sound like much, until you consider an area like Silicon Valley, home to 45 publicly traded companies in this study, and about $1.1 trillion in valuation. When

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Prices, Sales Volume, and Inventory Decline in September

The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent this month. Home sales dropped 19 percent from August, and inventory fell 3.4 percent. However, the continuing housing

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Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year

Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent

Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year Read More »

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