Las Vegas' underwater mortgage remains the worst in the country, but it keeps showing signs of improvement.
A buying frenzy in Florida is reminiscent of the boom days of 2005 and 2006 -- except
today's buyers are using cash and heavy equity, not "liar loans" boasting
inflated income or assets.
Sales of existing homes were down in March due to constraints on inventory, according to the National Association of Realtors.
The National Association of Home Builders said its index for builder confidence added three points to reach 44 over
a downwardly revised 41 point reading for April.
Southern California home prices popped to their highest level in 58
months during April and sales hit their highest level for that month in seven
Home prices across greater Miami rose 8.6 percent in March 2013
from a year earlier, according to data firm CoreLogic.
U.S. home prices showed continued strength in March with a month-to-month rise of 1.9 percent, CoreLogic reported.
Homeowners and renters who suffered losses from Hurricane Sandy have
until 11:59 p.m. Wednesday to register with the Federal Emergency Management
The L.A. City Council is set to vote Tuesday on proposed improvements for LAX, including a controversial project to
move the northernmost runway closer to neighborhoods in Westchester and Playa
The North Las Vegas City Council will take a closer look Tuesday
night at aproposal to use eminent domain to seize
underwater mortgages in an attempt to boost the city's sagging housing market.
New California foreclosure actions dropped sharply in the first
quarter to levels not seen since the last housing boom.
South Florida home prices rose again in March as
buyers chased a dwindling supply of homes for sale, in most cases paying
close to full asking price.
The Federal Reserve says the checks that were sent to borrowers as part of a
multibillion-dollar settlement over foreclosure abuses are good now. Swear.
Rising prices and strong demand are making the housing market feel particularly
bubbly in Washington, L.A., San Diego and San Francisco, according to the report
by online real estate broker Redfin.com.
Las Vegas' real estate market
has been heating up with rising prices and multiple bids for listings, the valley is not mired in a housing bubble, according to Redfin.