Signs of housing market recovery

Several California neighborhoods are showing some signs of new home construction activity. Real estate agents are walking more prospective buyers through home for sale. Even though there were several falls starts recently, some life is seen in real estate activity. According to the National Association of Realtors,existing home sales reached a new high in January …

Short sales and new government programs

The U.S. housing market remains deeply depressed and housing prices are continuing to go down every month. So far the crisis has claimed over $6.5 trillion reduction in value of the housing market. But there are some signs of lender participation in order to prevent further home foreclosures. Lenders are more and more willing to …