Headlines in Real Estate for week ending January 11th 2013

There has been lots of positive news in real estate as of late such as equity increasing, rising list prices and great looking forecasts for the housing sector. Here are the real estate headlines you may have missed:

CA short sellers may not be off the hook yet
Di Matteo Group
A much anticipated and welcome piece of legislation was the extension of the Mortgage Debt Releif Act of 2007 to January 1st, 2014 but would be short sellers may be in for a surprise.

Good news about real estate: Home equity is growing again
The Los Angeles Times
After hitting a low of $6.45 trillion in the final quarter of 2011, Americans’ combined home equity jumped 20 percent during the next nine months to $7.71 trillion. Read Full Story

Why it feels homes sell before you get to them
Di Matteo Group
In todays competitive real estate market many buyers find themseves frustrated at their choice of homes available. This can be especially true of those home buyers scouring the web without the help of a real estate professional or at least a competent one.

Home prices poised for growth in 2013
Wall Street Journal
Home-listing prices were up 5.1 percent nationally in December on a year-over-year basis, according to Trulia. Read Full Story

Housing a sweet spot for economy as rebound extends to 2013
The Washington Post
U.S. home sales and prices are poised to rise in 2013, solidifying a recovery that began last year after a half-decade slump, according to analysts and economists surveyed by Bloomberg. Read Full Story

Freddie Mac economist makes ’13 housing predictions
San Diego Union-Tribune
Housing activity began to turn around in 2012 and will continue to pick up in 2013, according to Frank Nothaft, chief economist for Freddie Mac. Read Full Story

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