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Real Estate News

Home sales rise in January

According to a recently released report by the National Association of Realtors, existing home sales increased in January, marking the third gain in four months.

Former home of Carole King, Courtney Cox sold

Moving trucks will soon be seen outside of the house where Carole King lived during the heyday of her music career and which was later called home by actress Courtney Cox. The estate recently sold for $1.5 million.

Housing market continues slow recovery

The U.S. housing market and economy are continuing to show glimmers of hope, with low interest rates and more favorable job prospects being reported for Americans.

Sellers more open to pricing competitively

According to a recently released survey from more than 600 Coldwell Banker Real Estate professionals in the United States, homebuyers and sellers are agreeing more on home prices in 2012.

Housing starts increase in January

Recently released numbers from the U.S. Commerce Department showed housing starts increased 1.5 percent from upwardly revised numbers in January.

Builder confidence increases in February

Moving truck companies might want to gear up to provide relocation help to families, as home builder confidence in the market for single-family homes rose in February, marking the fifth c

Low mortgage rates provide little help to some borrowers

Fitch Ratings recently predicted that the Federal Open Market Committee's expectation of low interest rates through 2014 will provide little or no assistance to subprime mortgage borrowers.

Federal Reserve Chairman speaks out on housing recovery

Federal Reserve Chairman Ben Bernanke recently spoke out about the conditions that he believes are leading to continued trouble in the housing market.

National mortgage loan delinquency rate increases

According to TransUnion, the national mortgage delinquency rate increased for the second time since 2009 to 6.01 percent at the end of the fourth quarter in 2011.

Average fixed-rate mortgage stays consistent

Freddie Mac recently released the results of its Primary Mortgage Market Survey, which showed the average fixed-rate mortgage remained at an all-time low for the third consecutive week.