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Short sales are still a viable option for homeowners completely "under water" with their home price and faltering on their mortgage payments. Short sales in Florida are increasingly popular to rectify the situation and kick the real estate market into high gear. Homes sold in this manner do fall short of the money owed on the property, but banks are desperate to get these homes generating income once again.

Bank foreclosure property sales accounted for a huge percentage of residential sales in some areas of California. This prevented housing prices from improving.

Realtors in California stated that incomplete short sale foreclosures are partly to blame for the housing market's slow recovery. Around 40% of short sales in the area do not reach closing stages.

It seems to be a tough time for some of the developers, as property sales are slowing going down while regular short-term investors are buying many properties and selling them off within months which are also narrowing down. In some cases, such investors are asking builders for refunds. Real estate market has not been witnessing apparent demand in the last few months, for which developers have been offering discounted rates to push sales. As a result of this, the inventory level has been rising and buyers are worried whether to invest or not.

Pre foreclosures for sale, despite their low prices, are being edged out by apartments. In Indiana, sales of houses and condos have dipped as more people rent.

Short sales are still a viable option for homeowners completely "under water" with their home price and faltering on their mortgage payments. Short sales in Florida are increasingly popular to rectify the situation and kick the real estate market into high gear. Homes sold in this manner do fall short of the money owed on the property, but banks are desperate to get these homes generating income once again.

Investors who are into flipping houses and families looking for residences contributed to the rise in existing home sales in Albuquerque in December 2010. Pending sales rose by 13% compared with 2009.

Sales of existing houses and bank owned rentals surged in most metro areas of Florida last year. The whole state also recorded higher sales in the existing residential property market in 2010.

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A study shows that a foreclosures sale will be more successful if the residential property on offer has been remodeled. Repaired houses reportedly have shorter days on market than those that were not.

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Although foreclosures and tax deed sales remain high in Houston, analysts are expecting the new housing market to improve in 2011. Over 19,000 new houses are planned in the metro area for the year.

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The number of young, educated people in downtown St. Louis is fast growing. And, the market for condos for sale is proportionately increasing.