Headlines 09.12.2012

Summer is over and the kids are back in school.  After a few weeks away, to visit another amazing National Park, headlines are back.  I hope everyone had an amazing Summer.

Home prices in July were up by 3.8% from one year ago, the largest year-over-year jump in six years. Moreover, prices have shot up by 9.6% from February, when they registered their lowest levels of the housing downturn, according to CoreLogic data released Tuesday.

This adds evidence to the case that U.S. home prices may have hit bottom earlier this year. Even though prices will soften in the autumn, “we have a much better supply and demand dynamic” than in previous years, said Mark Fleming, chief economist at CoreLogic.

Here’s More Evidence That Home Prices Have Hit Bottom ~ Wall Street Journal

Sales hot in August for homes in King County ~ Seattle Times

Vulcan to build, lease 2 more buildings for Amazon ~ Seattle Times

Backyard houses catch the eye of City Council ~ Seattle Times

Top Cities for a Salary Increase ~ Yahoo Finance

Zillow looking to raise more than $100 million ~ Inman

Are we responsible for our parents’ reverse mortgage? ~ CNN Money

FICO: Short-sale credit damage same as foreclosure ~ MyNorthwest.com