Friday, May 22, 2009

Median home prices up slightly in April

May 22, 2009 Carolyn Said, Chronicle Staff Writer

Bay Area home sales delivered a smidgen of good news in April - but it came laden with the caveat that it's too soon to declare a turn-around in the beleaguered real estate market.

While home prices plunged compared with the same time last year, the median sales price for existing homes in the nine-county region inched up 4.2 percent in April compared with March, according to MDA DataQuick, a San Diego research firm. It was the first time since October 2007 that the median rose compared with the previous month.

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Survey: More buyers interested in foreclosed homes

May 21, 2009

By STEVE BROWN / The Dallas Morning News

With home foreclosures soaring in most parts of the country, the number of interested buyers of these properties is growing.

More than half – 55 percent - of Americans quizzed for a new survey said they would consider purchasing a previously foreclosed house. That’s up significantly in the last
few months, according to the survey which was done by Harris Interactive.

The survey of almost 2,400 consumers was done in early May for Internet real estate firms Trulia.com and RealtyTrac.

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