Residential foreclosures continue to account for a huge percentage of housing unit sales in Indianapolis, Indiana, last year. Home sales figures from the U.S. Federal Housing Finance Agency (FHFA) saw a year-over-year increase in prices nationwide for the second time in five years. However, Indianapolis posted a decline in 2010. The decline in housing sales [...]

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According to the latest report from the S&P/Case-Shiller home price index, and an article from CNN Money, home prices fell 4.1% during the last quarter of 2010 compared to the same time last year. Home prices were nearly 2% lower than three months before even as other parts of the economy improved. Robert Schiller, who [...]

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