Home sales and prices in the Baltimore area fell in October, and experts said rising joblessness and tighter credit markets could further dampen sales in the months ahead.
The statistics released yesterday dashed hopes that a recovery had begun in Baltimore’s housing market, experts said.
Sales of previously owned homes in metropolitan Baltimore decreased nearly 15 percent [...]

Hope is quietly spreading across the lifeless Staten Island real estate market following the Obama victory that the new president will take immediate action to help homeowners.
Trudy Scafiddi, who is trying hard to save her Huguenot home, symbolizes the kind of troubled constituent President-elect Barack Obama will face when he takes office in January.
She and [...]

ORLANDO, Fla., Oct. 24, 2008 – For the first time in almost three years, Florida’s existing home sales rose in September, noting a 24 percent increase in activity in the year-to-year comparison; last month’s sales of existing condos statewide increased 11 percent in the year-to-year comparison, according to the latest housing data released by the [...]

Home resales in the U.S. rose more than forecast in September, aided by foreclosure-driven declines in prices that made properties more affordable.
Purchases of existing homes jumped 5.5 percent last month to a 5.18 million annual pace, the highest level in a year, the National Association of Realtors said today in Washington. The median price dropped [...]

More than one-third of all Twin Cities home sales closing in the third quarter involved lender-mediated or foreclosed properties, up from only 9 percent during the same period a year ago, according to a survey released Thursday by the Minneapolis Area Association of Realtors.
A lender-mediated sale, also known as a short sale, is the result [...]

Home sales doubled in September as bargain hunters grabbed up Sonoma County homes, putting a dent for the first time in the region’s lower-priced properties, according to a new report.
Two out of three homes sold in September were foreclosure properties unloaded by banks or short-sales by homeowners bailing out on mortgages they could no longer [...]

Home prices across the state will continue to drop next year, even as sales, spurred by the low prices on foreclosed properties, will keep rising in 2009, according to a California Assn. of Realtors forecast slated to be released today.
Doubts about the stability of the nation’s financial markets are likely to linger through the middle [...]

September home sales increase in six Central Indiana counties. Boone County is the strongest market with a 41.9 percent increase in sales of single family homes and condominiums compared to a year ago. Year-to-date sales figures remain off an average of 11.1 percent in the Central Indiana market.

Like Wall Street, the real estate industry is feeling the painful effects of loose lending practices and bad mortgage loans. Now, more than ever, prospective home buyers and sellers should be aware of what’s happening with the housing market — and where it’s headed — in order to make smart decisions. HGTV shares these top [...]

Nearly half of the 19,366 homes sold in the six-county region in August were foreclosures. Sales rose 9.1% from the previous August, but the median price dropped 34%, MDA DataQuick reports.