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RealtyTrac: Fewer Localities have Persistent Foreclosure Problems

by devteam August 14th, 2014

There was a significant uptick in foreclosure filings in July according to RealtyTrac's U.S. Foreclosure Market Report. The company said however that filings including default notices, scheduled auctions, and bank repossessions continue to ratchet down

Cash Sales Share Continues Slide; still 10+ points Higher than Pre-Crash

by devteam August 14th, 2014

While the share of residential real estate transactions that are all cash continues to decline they remain well above historic levels CoreLogic said on Wednesday. In May 34.4 percent of home purchases were in cash, down from 36.9 percent in April and

Labor Market Improvement Bodes Well for Housing

by devteam August 14th, 2014

The estimate from the Bureau of Economic Analysis (BEA) of sharply improved economic growth in the second quarter is good news for the housing market Freddie Mac's lead economists said today. The advance BEA report puts GDP growth at 4.0 percent in the

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