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U.S. home prices fell by 0.5% in March as compared to February, according to the S&P/Case-Shiller home price index. The index measures average home prices in 20 major US cities. On a positive note, prices were up 2.3% versus March of 2009.
Home prices rose in nearly 60 percent of U.S. cities in the first quarter of this year, as the housing market started to stabilize thanks to billions of dollars in federal spending.
Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared with a year earlier, even though total U.S. foreclosures rose, RealtyTrac said on Thursday.
Prospective home buyers tend to focus on a single number: the listed sale price. It's why they're often blindsided by the array of costs that come with buying a home.
With a wrecking ball staring him in the face, the most vocal opponent of Atlantic Yards is taking $3 million from Forest City Ratner to leave his condo.