Positive Real Estate News Weekly Wrap Up
February 13, 2009 by admin
Filed under Positive Real Estate
- Zillows 4th QTR Confidence Survey found that when asked what the near future will bring for their homes, most homeowners expressed optimism, and appear to believe that the worst may be over. According to the survey, more than two-thirds (70 percent) of homeowners believe their home’s value will either increase or stay the same in the first six months of 2009. Only 30 percent believe it will decrease.
- January foreclosure filings decreased 10 percent in January 2009, according to RealtyTrac.
- The largest sales gain in the fourth quarter from a year earlier was in Nevada, up 133.7 percent, followed by California which rose 84.7 percent, Arizona, up 42.6 percent, and Florida with a 12.5 percent increase.”
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