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Home price gains bring sellers off the sidelines

Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck.. Home price gains bring sellers off the sidelines.

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SAN DIEGO (AP) – Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000. When they put their San Diego home up for sale a few months later, they fielded five offers within two weeks.

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Once thought to be a "new normal" of lower labor force participation, the strong US economy has pulled workers from off of the sidelines. Spring selling season. Regardless, it’s a very different.

Home price gains bring sellers off the sidelines.. who were resigned in January to selling their San Diego home for less than they owed the bank, known as a short sale. They owed $352,000 but.

The willing home seller – a relatively elusive breed in metro Atlanta’s fickle housing market – may be reappearing. New home listings jumped 17.2 percent in January compared to the same.

"Prices are going up so fast that I don’t know if I can," she said. The huge price increases produced an unexpected retirement gift for Larry and Diane Plaster, who were resigned in January to selling their San Diego home for less than they owed the bank, known as a short sale. They owed $352,000 but accepted an offer for $290,000.

Home price gains bring sellers off the sidelines By: The Associated Press July 1, 2013 Comments Off on Home price gains bring sellers off the sidelines Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck.

Home prices are less heated this spring, but the largest metropolitan. of homes, were overvalued in March, according to a new report from. Part of that is due to an increasing supply of homes for sale, but sellers are also. we expect more buyers to take advantage of easing housing market headwinds.”.

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