Tagged : home values

Found 11 blog entries tagged as "home values".

housegreenkeys__anthonycz_450zillow.com - Home values saw their smallest monthly increase since May 2012, up just 0.2 percent in January from December according to the latest Zillow Real Estate Market Reports. Year-over-year, U.S. home values rose 6.3 percent in January, down from peak gains of 7.1 percent in August 2013. This slowdown is in part due to the rise in inventory of for-sale homes across the country. The number of homes listed for sale on Zillow was up 11.1 percent annually in January, the fifth straight month of rising year-over-year inventory.

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houseinhand_voronin_450A lot has changed in real estate in 2013. Home values have skyrocketed in many markets, mortgage rates have risen from their bottom and most recently, negative equity fell at the fastest pace ever.

Zillow predicts 2014 to see a continuation of this positive trend. Take a look at Zillow’s four bold predictions for real estate and mortgages below, and the top 10 hottest housing markets for 2014.

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menhouse_sellingpix_450realestate.msn.com - Home prices are continuing to rise, showing a 6.6% annual increase in the past year, the largest gain since July 2006, according to new figures from Zillow.

The Zillow Home Value Index rose 0.4% from July to August, to $162,100, according to the August Zillow Real Estate Market Reports, bringing it to the level of September 2004. Zillow predicts home values will rise an additional 5.2% by next August.

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finanace.yahoo.com - The U.S. is on track to end the year with the fewest homes repossessed by lenders in six years, a trend that should help limit the negative impact foreclosures have on home values.

Lenders repossessed 36,964 U.S. homes last month, down 31 percent from July last year, foreclosure listing firm RealtyTrac Inc. said Thursday.

At the monthly average pace through July, completed foreclosures are projected to total nearly 490,000 this year, down roughly 27 percent from last year, the firm said. That's also the lowest since 2007, when 404,849 homes were taken back by banks.

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Inman.com - More than 100 economists, real estate experts, and investment and market strategists predict home values will rise an average 6.7 percent year over year in 2013, according to Zillow’s latest home price expectations survey conducted by Pulsenomics.

Survey panelists said they expected median U.S. home values to rise to $167,490 by the end the year, up from $156,900 at the end of 2012 and $161,100 currently, Pulsenomics said. On average, panelists projected U.S. home values could near record highs by the end of 2017, coming close to the previous peak of $194,600 in May 2007. 

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January’s strong start to 2013 continued into February, with national home values appreciating by 0.1 percent month-over-month, to a Zillow Home Value Index of $158,100. February marked the 16 consecutive month of appreciation, and U.S. home values have risen 6.5 percent since hitting bottom in October 2011. The last time home values rose to this level was in June 2004.

National home values in February were up 5.8 percent year-over-year, the second-largest annual gain since August 2006, behind only January 2013 (6 percent). Of the 30 largest metros covered by Zillow, all experienced annual and monthly appreciation. 

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When sellers start the home-selling process, no one wants to think "What would happen if my home doesn't sell?" But before you panic, recognize that there are many things that you can do so you don't wind up in that position.

Tip 1: Understanding the real estate market and the value of your home will help you avoid this dilemma.

Tip 2: Fix up your home. 

Tip 3: If you need to sell your home, don't pull it off the market because you think the season isn't right.

Tip 4: Consider incentives. 

Tip 5: Stage your home. 

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forbes.com - In 2012, the national housing market finally turned a corner. We’ve now experienced 13 straight months of home value appreciation. Sales were up significantly over 2011 as buyers returned to the market, boosting demand.

So what will 2013 have in store? Here are five things consumers can expect to see in the housing market next year:

1.  Rising home values.

2.  Whether you should buy or rent will depend on where you are living and how long you will be there.

3.  Homeowners who underwater with the mortgage will start to surface.

4.  Historically affordable with interest rates being so low.

5.  Mortgage interest deduction will play a part in what happens to the real estate market.

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dsnews.com - Home values still rose into November, marking more than a year of monthly price gains, while national rents fell flat, according to data from Zillow.

On a monthly basis, home values inched up by 0.6 percent from October, with the Zillow Home Value Index at $156,200 for November. For 13 straight months now, prices have displayed monthly gains. Compared to November 2011, home values have increased by 5.2 percent, which is the biggest yearly gain since August 2006.

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dsnews.com- National home values in the third quarter experienced their biggest increase in more than half a decade, according to Zillow.

Home values in the United States rose 1.3 percent from the second to the third quarter, marking the fourth straight quarter of increases, Zillow reported. The quarterly rise is the biggest increase since March 2006, when home values rose 1.5 percent.

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