The national Zillow (Z) Home Value Index rose to $156,200 in November, up 0.6% from October and the 13th monthly increase in a row for national home values. The last time home values stood at $156,200 was May 2004. Home values were up 5.2% compared with last November, the largest annual gain since August 2006, when home values rose %6% year over year. And the good news is expected to carry into next year.

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Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value.

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3d rendering of a row of luxury townhouses along a street

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