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Real Estate News

Marketwatch rates top and bottom housing markets

Marketwatch recently released the top and bottom five housing markets based on the home-price outlooks for the next three years.

West hit hardest by foreclosures

With the housing market beginning to show hope in some areas of the country, there are still areas suffering from foreclosures, which CNNMoney recently documented with the help of data generated by RealtyTrac.

Low bids driving down home prices

Investors that submit low bids on homes are putting downward pressure on housing prices, according to the recently released Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

Home prices continued decline in November

Data recently released by S&P Indices showed that home prices continued to decline in November, with drops of 1.3 percent for the 10- and 20-city composites in November over October.

Report: Housing affordability improving

According to a recently released analysis of home price trends in more than 380 U.S. markets, housing affordability is continuing to improve.

The Fiserv report showed that the ratio of monthly mortgage payment to median family income is the lowest it's been since 1994.

Remodeling market at a five-year high

According to the National Association of Home Builder's Remodeling Market Index for the fourth quarter of 2011, remodeling rose to the highest levels since 2006.

New home sales decrease 2.2 percent

According to recently released figures from the U.S. Commerce Department, sales of newly built, single-family homes decreased 2.2 percent to seasonally adjusted rate of 307,000 units in December.

Mortgages end 2011 with positive numbers

With the price of mortgages being at the forefront of the recent housing market debate, Freddie Mac recently released its Primary Mortgage Market Survey that showed the housing market ended 2011 on a positive note.

U.S. home sales increase in December

Sales of U.S. homes rose 5 percent in December when compared with figures from a year ago, with a total of 4.61 million units annualized.

Mortgage applications decrease 5 percent

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending in January 20, mortgage applications decreased 5 percent from the previous week.