Despite the shaky economy, resales have been booming. That may be a sign that basic economics is working to stabilize the market.

via California housing may have a new foundation – Los Angeles Times.

NEW YORK (Reuters) – The tide is turning in some parts of the long suffering U.S. housing market…

via Pockets of strength push U.S. housing market rebound | Reuters .

Are lowballed valuation estimates on short sales and bank-owned foreclosures artificially depressing property values in neighborhoods across…

via Real Estate | What’s behind lowball valuations on short sales, bank-owned foreclosures | Seattle Times Newspaper.