Shilling on U.S. Home Market, Prices, Foreclosures
May 22 (Bloomberg) — Gary Shilling, president of A. Gary Shilling & Co., talks about the outlook for the U.S. housing market. Sales of existing U.S. homes rose in April, driven by broad-based gains in demand.
Celebrity sellers have little effect on home prices
A famous name can boost buyer interest in a home, but it doesn’t necessarily pump up the price. Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn’t pull in the cash.
California home prices and sales volume rise in April
California’s housing market showed strength in April as median prices rose and sales outperformed the same month last year.
Area home prices jump in April thanks to fewer foreclosures
Slump in cheap distress deals pushes average price up in region The Baltimore region saw a double-digit gain in average home sale prices in April, the most in six years — driven by a shrunken supply of cheap foreclosures rather than by homes seeing a rapid resurgence in value.
Average prices for Baltimore-area foreclosures, short sales and regular homes in April – Baltimore Sun
All things being equal, the purchase price of a short sale will be less than a regular home on the market, and a foreclosure will be lowest of all. Here’s the breakdown — on average — for the Baltimore region in April: Bank-owned home: $ …
Baltimore-area home prices jump in April thanks to fewer foreclosures
Slump in cheap distress deals pushes average price up in region The Baltimore region saw a double-digit jump in average home sale prices in April, the most in six years — but the gain was driven by a shrinking supply of cheap foreclosures rather than a resurgence in value. Danny Chung is trying to sell [...]
Foreclosures squeeze U.S. home prices
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes usually are sold at steep discounts, thereby lowering average prices.
King County home prices rise with fewer houses for sale
House prices in King County rose last month to their highest level since December 2010, according to statistics released Thursday by the Northwest Multiple Listing Service.
US home prices fall and sales of new homes drop as foreclosures weigh on housing market
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.
Foreclosures squeezing US home prices and sales – msnbc.com
Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, foreclosures tend to limit demand for new homes. Some economists expect foreclosures to …