To meet the terms of the $26 billion mortgage settlement, the nation's five largest banks are getting more agreeable to short sales, shows a new government report.
Several housing indicators in recent months are all revealing something that buyers and sellers can no longer deny: Home prices are rising in most markets.
In the small buildings market, more and more buyers are taking advantage of prices that have yet to rebound from the property boom going bust.
"The next president, whoever it turns out to be, is going to have a couple of big housing issues to address," says a housing analyst.
Real estate investment trusts are increasingly being eyed by investors as a potential income source—possibly delivering yields of 4 percent or more—at a time when other investments are drying up.
The government's plans to proceed with a bulk sales program of foreclosure properties is creating an outcry among many in the real estate industry.
The rebounding market has economists predicting that housing will likely add to economic growth this year for the first time in seven years.
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