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U.S. home prices rose 12.1 percent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery.
President Barack Obama, seeking to buffer taxpayers from future housing market downturns, will urge Congress this week to back bipartisan efforts to shutter Fannie Mae and Freddie Mac, the mortgage-giants bailed out by the government in 2008.
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday also rose 2.5 percent in April from March, the biggest month-over-month gain on records dating back to 2000.
Nearly 65,000 Arizonans who lost their homes to foreclosure from 2008 to 2011 will receive checks for $1,480 this summer.
U.S. home prices soared 12.1 percent in April from a year earlier — including a nation-leading 19.2 percent leap for the Phoenix market.
U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
WASHINGTON — U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.
LONDON — Tesco, Britain's largest retailer by sales, is to pull out of the U.S., selling off its lossmaking Fresh & Easy supermarket chain after it failed to transfer its winning formula from the U.K. to the western states.
The number of Arizona homeowners losing their home to repossession or who are in some stage of the foreclosure process keeps on dropping.
WASHINGTON — U.S. home prices jumped in January, a sign the housing market is gaining momentum as it nears the spring selling season.
WASHINGTON — U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes.
CHARLOTTE, N.C. — Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown.
The lawyer for Attorney General Tom Horne said Monday his client was legally entitled to surrender $50 million of the money the state got from a nationwide mortgage settlement.
WASHINGTON — A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery.
Homeowners giddy about the current double-digit increases in values should not count on the trend continuing, a pair of economists said Thursday.
WASHINGTON — A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years.
A day-long conference on homeowners’ rights under the National Mortgage Settlement will be at the Arizona State University Homeowner Advocacy Unit at the Sandra Day O’Connor College of Law on Oct. 19.
WASHINGTON — Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures.
LOS ANGELES — The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines.
In a turnaround that may be nothing short of amazing, the price of the average home in Arizona rose more in the last year than anywhere else in the country.
PHOENIX (AP) — The Arizona Attorney General's Office has sued two companies prosecutors say targeted Spanish-speaking homeowners who were trying to save their homes from foreclosure.
WASHINGTON — The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years.