Tag: housingmarket
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S&P Case-Shiller shows U.S. home prices up for fourth straight month in May
[ad_1] U.S. home prices rose for the fourth straight month in May, according to the S&P Case-Shiller index. A broader measure of home prices, the national index, rose month-over-month in May by 0.7%, but was down 0.5% over the past year. All numbers are seasonally adjusted. Nationally, year-over-year appreciation in May was down 1.7% though,…
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I’m planning to move my family from New Jersey to the South. What decision comes first — the school district or the house?
[ad_1] Dear MarketWatch, We are thinking of moving from New Jersey to somewhere in the south, such as Florida or North Carolina. I’m 45 years old, and I have kids who will be going to school for another 10 to 15 years. We also want to live in warmer weather. One drawback is that New…
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Home prices are falling in these Sun Belt cities, but deals are still scarce
[ad_1] Home prices are falling in major cities in the Sun Belt, but don’t necessarily interpret that as a big opportunity to purchase a home. Nationwide, the median price of a home listed for sale fell 0.9% year-over-year in June to $445,000, according to a study by Realtor.com released Thursday. That’s the first drop since…
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My brother and I will inherit our mother’s house. It’s appreciated in value by $700,000. Will we have to pay capital-gains tax?
[ad_1] Dear MarketWatch, I am the trustee for my mother’s revocable trust, and my brother is a backup trustee. When she passes, I plan to sell her house and distribute the proceeds. My younger brother currently lives in the house and takes care of her. I want to sell the house as it is very…
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U.S. home prices rise in April, signaling a recovery in the sector, Case-Shiller says
[ad_1] The numbers: U.S. home prices rose in April as the housing market remains frozen by a lack of for-sale listings. Homeowners’ unwillingness to sell is pushing up home prices, despite elevated mortgage rates. The S&P CoreLogic Case-Shiller 20-city house price index rose 0.9% in April, as compared to the previous month. Home prices were…