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Houston real estate market ends 2012 with a bang – Your Houston News

Houston real estate market ends 2012 with a bang Your Houston News Homes priced from $500,000 and above registered the highest sales volume and accounted for another hike in prices. “2012 was a phenomenal year for the Houston housing market, thanks to the addition of more than 85,000 new jobs locally as well as …

Minneapolis Million-dollar housing market shows life signs – Minneapolis Star Tribune

Minneapolis Star Tribune Million-dollar housing market shows life signs Minneapolis Star Tribune The deal capped a pivotal year for the upper crust of local real estate, which saw sales of houses priced at $1 million or more jump nearly 20 percent. The gain outpaced the broader market, according to year-end data from the Minneapolis Area…

Naples real estate experts: housing market on the rise – The News-Press

Naples real estate experts: housing market on the rise The News-Press Naples real estate: Naples Realtor Mike Hughes said increases in home sales and prices in 2012 bode well for 2013. … Wes Kunkle, the board’s president, said commercial real estate is following the positive trends of the Naples housing market. Tweet …

Real Estate Watch: Housing market is recovering, not booming – San Jose Mercury News

Real Estate Watch: Housing market is recovering, not booming San Jose Mercury News The key factor this year in California’s massive market has been a dramatic drop in sales of bank-owned foreclosure houses. These real estate owned, or REO, properties made up more than half the state’s sales in 2009, but comprised only about 10…

LPS: Foreclosure starts up 2.8% from one year ago | HousingWire

Mortgage servicers started more foreclosures in May than a year ago, the first year-over-year increase since early 2011, according to Lender Processing Services ($25.32 -0.15%) data. Foreclosure starts increased 2.8% from May 2011 and climbed 11.6% from April 2012. Data from RealtyTrac released last month showed a similar rise in foreclosure starts. The numbers show…

Americans Sees Biggest Home Equity Jump in 60 Years: Mortgages – Bloomberg

Home equity in the first quarter rose to $6.7 trillion, the highest level since 2008, as homeowners taking advantage of record-low borrowing costs to refinance their loans brought cash to the table to pay down principal. The 7.3 percent gain was the biggest jump in more than 60 years, according to an analysis by Bloomberg…