Relevant:
- US home prices hit new peak, up 5.5% in September (Case-Shiller), Pre Rate-Jump
- Foreclosures jump as banks bet on rising house prices
- Home Prices in 20 U.S. Cities Decline to Eight-Year Low, Case-Shiller Says
- Foreclosure Deals Drop 22% as Rising Prices Delay Sales
- US Home Prices Rise at Solid Pace, Even With Flat Sales
2013-06-14 — bloomberg.com
...
Banks are more willing to move to the final stage of foreclosure because there is sufficient demand and prices are improving, said Eric Workman of Tinley Park, Illinois-based Mack Cos., which aggregates single-family rental homes and resells them to individuals and institutional investors. U.S. home prices advanced almost 11 percent in the year through March, the biggest 12-month gain since April 2006, according to the S&P/Case-Shiller index of values in 20 cities.
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