This week in real estate news, USA Today reported that foreign homebuyers from multiple countries are investing in U.S. homes

International buyers are continuing to make a beeline for the American housing market. Attracted by cheaper home prices, relative economic stability and an affinity to all things American, these buyers are lapping up homes. Their interest continues to rise along with rising home values and an improving market, says USA Today. That’s probably a bright silver lining for the still-sluggish housing market. . . .

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The demand for rental properties is pushing rents higher

The strict lending policies and rising home prices have sidelined many potential buyers from the market. This has created a huge demand for rental properties. Rents are rising, and apartments are suddenly in high demand. It’s a jubilant time for landlords, but tenants are hurting. Their budgets are being stretched and their disposable income is dwindling. . . .

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With rising prices in many cities, potential homebuyers can

For many buyers, the dream of owning a home continues to be just that – a dream. Skyrocketing home prices, stiff competition and increasing mortgage rates are becoming a source of frustration for many potential homeowners. According to CNN, buyers are getting shut out of the market in many big cities across America. Cities such as Las Vegas, San Francisco and San Diego have seen a price hike of 20 percent or more in the last year, according to Case Shiller. . . .

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The housing market in Las Vegas in one of the weaker markets in the U.S., according to Freddie Mac

The housing market in Las Vegas is still not out of the woods. According to a new study measuring the strength of the U.S. housing market, the city was positioned last on the list. Freddie Mac’s Multi-Indicator Market Index measures the stability of the housing market in all the states and the U.S. capitol and the top 50 metropolitan areas. The measure takes into consideration mortgage applications, income ratios and employment. . . .

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Real estate investors are pulling out of the housing market as home prices rise

After playing an important role in the housing market recovery, investors are now retreating with increasing home prices. Home prices rose 13.4 percent last year. The double-digit growth is making it challenging for investors to grab a good deal, so they are bowing out. “Not only are fewer deals available, but once found, the deals are not as sweet: as supplies of distressed homes contract, the discount has narrowed,” . . .

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The florida real estate market is being weighed down by foreclosures that were abandoned by both homeowners and banks

Florida has taken a severe beating during the housing market crash. And although the market is healing, there are still troublesome trends. The good news is home values are rising and new foreclosures are slowing down in the Sunshine state. But, abandoned and unkempt homes continue to have a ghostly presence in the market. They are hanging over the market like an ominous cloud. . . .

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Rising costs, higher mortgage rates and stringent lending practices are keeping first-time buyers out of the housing market, and thereby affecting the real estate recovery in the U.S.

It was once the rising star of the housing industry, but ever since the bust and its subsequent fallout, the Phoenix housing market has continued to struggle. There was bad news again in January after a depressing end to 2013. According to a report released by Arizona State University, the median single-family home price fell to $196,900 in January. That’s down 4 percent compared to the previous month. . . .

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A new study shows that the housing market recovery will be uneven, with certain areas performing better than others

A study confirms what the trends have suggested all along. Recovery in the housing industry will be uneven over the next five years. Some markets will spring forward while others will tread slowly. Here’s the good news. The study from the Demand Institute, a nonprofit think tank by The Conference Board and Nielsen, said it would take another couple of years – until 2018 – for the median price of existing single-family homes to get closer to the peak levels reached in 2006. . . .

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New home construction dropped in January as the housing market slowed during winter weather

Looks like the housing market is mirroring the unusually harsh winter these days. There’s a slowdown in momentum, dampening of enthusiasm and a grim atmosphere overall. Home construction dropped 16 percent in January to a seasonally adjusted annual rate of 880,000. That’s the lowest level since September, according to data from the Commerce Department. . . .

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The housing market recovery continues with home prices and values heading upward

The falling temperature of the chilling winter months doesn’t seem to have lowered home prices. In the fourth quarter, prices for single-family homes increased in 73 percent of American cities, a sign that we are still on track for recovery. But, that’s a much slower pace compared with the 88 percent jump in the previous three months. Experts say the slower increases will probably be the trend in the future. . . .

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