The flood recovery effort in Lethbridge will not have to reach levels to be seen in other cities around the province, but there is still work being undertaken locally.
Read more: http://tinyurl.com/o58xrdj
Tag Archives: recovery
Residents, merchants face long recovery in devastated Mission and area
Standing at the corner of Mission Road and 30 Avenue SW, Leah Hamilton and Shawn Deegan can see their 95-yearold Craftsman home.
There’s just no way they can get to it.
Read more: http://tinyurl.com/lmhm8lh
14 American Housing Markets Struggling With Foreclosures
One in every 905 U.S. homes received a foreclosure filing in April, according to the latest foreclosure data from RealtyTrac.
Foreclosure filings were down 5% from March, and 23% from a year ago.
Read more: http://tinyurl.com/csrlwy6
Housing Recovery Leaves Some Behind
While the national housing picture may look brighter, certain states are still mired in a mess of distressed homes.
These states tend not to get much attention in the national discussion because they are not the well-known “sand states” that fell the hardest during the housing crash and prompted the biggest headlines. New York, New Jersey, Massachusetts and Maryland are still sitting on a ticking time bomb of troubled loans.
Read more: http://www.cnbc.com/id/100533234
A Phoenix Housing Boom Forms, in Hint of U.S. Recovery
At the sales office for a new development southeast of Phoenix called Waters at Ocotillo, the PulteGroup (PHM) representative says she’s too busy to talk. It’s a Monday afternoon. One customer is signing a contract in her office, she explains, and another is due soon. The model for Pulte’s Yucca home is open, though. The price starts at $392,990. It’s two stories and 2,688 square feet, designed for four bedrooms and three cars. It’s stucco—as is nearly every home in every subdivision in Phoenix—high-ceilinged, and energy-efficient. The model is completely furnished, with fake iPods, iPads, and family photos. There’s a real foosball table and Whitney Houston’s Greatest Love of All streams through built-in speakers. The Yucca is part of what homebuilder Pulte calls the Cactus line; there’s also the Majesty line, which is bigger and has courtyards.
Read more: http://tinyurl.com/beyoq78
The Real Estate Recovery, in Your Neighborhood
All real estate is local, but never has that been more true than during this historic housing recovery.
After an epic bubble that drove home sales, construction and prices to levels beyond the imagination, housing came crashing down, and home prices fell nationally for the first time in recorded history.
Read more: http://www.cnbc.com/id/100470576
Analysis: More Americans leave parental nest in boost for housing
(Reuters) – Americans are feeling increasingly confident in the future and more and more are striking out to set up their own homes, a move that is helping propel the housing recovery.
Read more: http://tinyurl.com/aauy32r
Report: Home Prices Poised for Growth in 2013
In stark contrast to this time last year, the housing market is chugging into 2013 with a head of steam.
Home-listing prices were up 5.1% nationally in December on a year-over-year basis, according to data released Thursday by real-estate listings and data company Trulia. Out of the 100 major metro markets covered by the report, 82 of them saw year-over-year gains. At the end of 2011, asking prices had fallen 4.3%, and only 12 markets had posted positive price changes.
Read more: http://tinyurl.com/a4wfn2t
Pending home sales highest in 2½ years
WASHINGTON (AP) — The National Association of Realtors says its pending home sales index, which measures contracts to buy homes, increased last month to its highest level in two and a half years.
It’s the latest sign of improvement in the battered housing market.
Read more: http://tinyurl.com/c9trknb
There’s a home price recovery… but it’s really, really slow
Just about everybody agrees that the housing market is finally recovering — but don’t expect big price gains.
Nearly two-thirds of the nation’s housing markets will see price declines for the year through next June, according to analytics firm Fiserv (FISV). Overall, the gains will be just 0.3%.
Read more: http://tinyurl.com/dyf3qx3