To compile this list, Forbes teamed up with Local Market Monitor and dug down into data for more than 300 U.S. metro areas. For the projections, LMM took into account local economic indicators such as job growth, unemployment rates and population growth to help determine the rate of buyer interest versus inventory level — a supply-demand relationship that contributes to price movement.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
Foreclosures rose 13% in October from September, a new foreclosure market report from ATTOM Data Solutions said. Although foreclosures went up in October over the previous month, they were down 17% from a year ago.