Home price gains bring sellers off the sidelines

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The Northeast was the only region where home prices slipped, down 0.3 percent on an annual basis to $246,900. Sales of existing homes, however, rose 1.7 percent in the third quarter and are 9.8.

Pending home. home prices have fallen low enough for buyers to get off the fence. Feeling for the bottom Yun is not calling a bottom yet, however, because the index is still at a relatively low.

"Prices are going up so fast that I don’t know if I can," she said. The huge price increases produced an unexpected retirement gift for Larry and Diane Plaster, who were resigned in January to selling their san diego home for less than they owed the bank, known as a short sale. They owed $352,000 but accepted an offer for $290,000.

"It was better to be patient and wait it out." Soaring prices are leaving fewer homeowners owing more money than their properties are worth, bringing them off the sidelines of the nation’s surging housing market and offering relief to buyers who are frustrated by bidding wars. As more homes are put up

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 · So if, say, the market value of your home is $200,000 and your local assessment rate is 80%, then the assessed value of your home is $160,000. That $160,000 is then used by your local government to calculate your property taxes. The higher your home’s assessed value, the more you’ll pay in.

SAN DIEGO-Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured.

Home Price Gains Bring Sellers Off The sidelines soaring prices are leaving fewer homeowners owing more money than their properties are worth, bringing them off the sidelines of the nation’s.

Home price gains bring sellers off the sidelines June 30, 2013. SAN DIEGO ? Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing.

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