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Homes with 'negative equity' are still a drag on the US property market.
The mortgage giants have revised their 2014 projections, hinting that appreciation has peaked.
A Fannie Mae survey found those saying it was a good time to sell at an all-time high of 42 percent, while those saying it was a good time to buy stayed at 69 percent.
Forty percent of sellers are planning on pricing their homes above market value, according to a new survey.
The slowing pace of housing may actually benefit value-conscious homebuyers — if, that is, they largely focus on the midrange section of the market.
The plan from NYC Mayor Bill de Blasio is intended to serve more than 500,000 New Yorkers over 10 years.
Home purchases costing $1 million or more rose 7.8 percent in March from a year earlier.
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