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Greg Allen | NPR | “It’s taken several years, but in many parts of the country, home prices are nearly back to where they were at the peak. In places like Florida, where the housing recession hit hard, home prices rose last year by one-fifth or more. A major factor in the price rise is hedgeRead more

Eric Snider | Tampa Bay Business Journal | “We’re not out of this foreclosure/short sale mess yet. More than a quarter of homes sales in December in 10 of the country’s largest metro areas were processed as either foreclosures or short sales, a new report says. Tampa ranked fourth, with such transactions making up 30.1 percent ofRead more

By Toluse Olorunnipa, Times/Herald Tallahassee Bureau | “A “faster foreclosures” proposal that sparked consumer outcry and protest last year has resurfaced in a more moderate form, with a new bill filed this week by Rep. Kathleen Passidomo, R-Naples. The bill, HB 87, offers a slew of changes to the civil procedures governing foreclosures in Florida, whereRead more

By Drew Harwell, Times Staff Writer | “Although the $25 billion national mortgage settlement’s goal is to keep people in their homes, big banks are doing much better at ushering Florida homeowners out, as a new report shows short sales dwarfing other forms of relief as lenders’ atonement of choice. Under the settlement, five of theRead more

By Les Christie @CNNMoney | “Foreclosures fell in nearly two-thirds of the nation’s largest metro areas during the third quarter, according to RealtyTrac Thursday. With 62% of the nation’s 212 largest markets seeing foreclosure activity shrink during the latest quarter, the ongoing decline is yet another sign that the housing market is starting to stabilize. During September, foreclosureRead more