Report: Real estate market won't hit bottom this year

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DAILY REAL ESTATE NEWS

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June 10, 2011

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Report: Real estate market won't hit bottom this year


By INMAN NEWS

Home values fell 8 percent year-over-year in April, according to a report from property search and valuation site Zillow.

Zillow's Home Value Index is now down 29.5 percent, to a median $169,588, from its peak of $240,656 in June 2006. That's equivalent to the index's level in May...

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Ultra-high-end home has motivated seller

In the rarefied air of ultra-high-end real estate, a 25 percent price reduction can translate into a breathtaking sum: $25 million.

That's how much Tommy Hilfiger Corp. co-founder Joel Horowitz has decided to knock off the asking price... Continued »

Real estate pricing tips for sellers

This column is addressed to every home seller in America. Your obvious goal is to get the highest possible price for your home.

I'd like to share a little-known process about how you can get more showings per day than all the... Continued »

Most popular mortgage apps for iPhone

A continually updating list provided by app-ranking site TopAppCharts.com of the most popular iPhone apps -- both free and paid -- that include the keyword "mortgage":

... Continued »

5 markets for real estate investors

I live in the surprisingly large suburban city of Mesa, Ariz., ranked No. 38 nationally by population. My house sits about 20 miles from downtown Phoenix (No. 6 in population), so I keep a close eye on the local economy and housing market... Continued »

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