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Real Estate & Housing Market

Single-family new-home sales posted a sharp rise in October, up 25.4 percent from September, according to newly released Census Bureau data. That was a similar rate to last spring when the new-home market was taking off in recovery mode. Across the country, all regions posted double-digit gains in new-home sales in October. In the Midwest,…

With 2013 almost over, economists are looking into their crystal balls and predicting a purchase-driven mortgage market for 2014. Not to mention, ongoing home affordability is expected to rise in most areas despite rising mortgage rates. All of these trends were predicted in Freddie Mac’s latest Economic and Housing Market outlook. Read the full report…

Realtor.com® National Housing Trend Report for September 2013 highlights a strong continuation of equilibrium-oriented trends identified last month. While key indicators show a relatively consistent pace with August figures, the year-over-year perspective shows a strong performance in median list price, decline in days on market and a return to year-ago inventory levels that signal a…