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After Dismal Year, Homebuilders See Hope in 2012
Home Sales Rise to 11-Month High
Report: Foreclosures Down, But Discounts Abound
Home Sales Sunnier as Spring Buying Season Approaches
New Home Sales Dip, But Beat Expectations
Fannie Mae, Facing Deficit, Asks Fed for Another $4.5 Billion
Home Values Build for 3rd Consecutive Month
Real Home Price Recovery Not Expected Until Spring
Home Sales: Rise Reflects Steady Improvement
Economists: Housing Recovery Finally Here
Home Prices Increase in Most Major U.S. Cities
Pending Home Sales Near 6-Year High
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After Dismal Year, Homebuilders See Hope in 2012
Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for a recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce Department said Thursday. A third straight increase in single-family home building was offset by a drop in volatile apartment construction.
  
Home Sales Rise to 11-Month High
Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year. Still, sales remain depressed and ended 2011 well below healthy levels. The National Association of Realtors said Friday that sales increased 5 percent last month to a seasonally adjusted annual rate of 4.61 million, the best level since January 2011 and the third straight monthly increase.
  
Report: Foreclosures Down, But Discounts Abound
Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties for sale and home sales slowed. Despite the decline, foreclosures still represented 20 percent of all homes sold in the July-September period -- about four times more than at the height of the housing boom, foreclosure listing firm RealtyTrac Inc. said Thursday.
  
Home Sales Sunnier as Spring Buying Season Approaches
The housing market is flashing signs of health ahead of the spring buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. And the supply of homes fell last month to its lowest point in nearly seven years, which could push home prices higher.

  
New Home Sales Dip, But Beat Expectations
Sales of new homes dipped in January but the final quarter of 2011 was stronger than first estimated. The Commerce Department said Friday that new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,000 homes. That followed four straight months of gains in which home sales rose 10 percent.
  
Fannie Mae, Facing Deficit, Asks Fed for Another $4.5 Billion
Mortgage giant Fannie Mae said Wednesday that it lost money in its fourth quarter and is asking the federal government for $4.57 billion in aid to cover its deficit. Washington-based Fannie said it lost $2.41 billion in the October-December quarter, stung by declining home prices. Revenue was $4.53 billion.
  
Home Values Build for 3rd Consecutive Month
Zillow's May Real Estate Market Reports, released today, show national home values rose for the third month in a row, climbing 0.5 percent from April to May to a Zillow Home Value Index of $148,100. The good news continues at the local level as well: Of the 166 metropolitan areas covered by Zillow, 86 show monthly home-value appreciation.
  
Real Home Price Recovery Not Expected Until Spring
Even though home prices are rebounding in some parts of the country, the overall housing market won't start turning the corner until next spring, according to the latest forecast based on the Fiserv Case-Shiller indices. The forecast, which tracks 384 markets, predicts that nationwide home prices will dip another 1% between March 2012 and March 2013.

  
Home Sales: Rise Reflects Steady Improvement
Americans bought more homes in July than in June, the latest evidence that the housing market is slowly, but steadily, improving. Sales of previously occupied homes rose to a seasonally adjusted annual rate of 4.47 million in July, a 2.3 percent increase from the previous month's rate, the National Association of Realtors said Wednesday.
  
Economists: Housing Recovery Finally Here
It's been a long time coming, but economists surveyed by CNNMoney believe the nation's housing market has finally turned the corner. Of the 14 economists who answered questions about home prices in the survey, nine believe that prices have already turned higher or will make that turn later this year. Only three months ago, half of the economists surveyed by CNNMoney believed a turnaround in prices would not take place until 2013 or later.
  
Home Prices Increase in Most Major U.S. Cities
Home prices increased in September in most major U.S. cities, more evidence of a housing recovery that is providing a lift to the fragile economy. Standard & Poor's/Case-Shiller reported Tuesday that its 20-city index of home prices rose 3 percent in September compared with the same month last year. Prices also gained 3.6 percent in the July-September quarter compared with the same quarter in 2011.
  
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