Florida, California, New York, Illinois and New Jersey were home to four out of ten distressed properties in the nation in January, an indication of how far east America's foreclosure nightmare has moved
Continue reading...Tuesday, March 26, 2013
Home prices increased more in 2012 than they have since have since the summer of 2006 in both of the S&P/Case-Shiller Home Price Indices.
Continue reading...Wednesday, February 27, 2013
The major national home price reports agree on trends but never agree on numbers because their data comes from different places and are manipulated differently to create the most accurate results. Yesterday S&P Case-Shiller announced 20012's gain was 7.3 percent. The federal government's index showed a 5.5 percent gain.
Continue reading...Wednesday, January 30, 2013
Despite the greatest price increases in years, affordability has hardly budged from six year peaks and in many of the nation's most expensive markets, it's still rising.
Continue reading...Tuesday, January 29, 2013
Weak prices in a number of late fall markets as evident in NAR's latest pending sales index has been causing concern in the real estate circles, but Case-Shiller, the final word on prices, downplayed the doubters today.
Continue reading...Wednesday, December 26, 2012
Markets that fell hardest during the housing crash five years ago today are racking up the biggest year over year gains as the prices in the nation as a whole through October exceeded analysts' forecasts. Housing markets that were on their knees just a year or so ago from foreclosures and low employment today are seeing prides rise much faster than cities that never felt the housing crash, according to the latest S&P/Case-Shiller Home Price Indices.
Continue reading...Tuesday, November 27, 2012
Two of the nation's most authoritative national housing price indices today reported significant third quarter price increases over last year at this time, and the chairman of the Index Committee at S&P Dow Jones Indices confirmed that a housing recover is underway.
Continue reading...Sunday, August 5, 2012
The number of homeowners who owe more in their mortgages than they are worth fell by 5.8 percent in the first quarter and nearly a full point from a year ago as rising values pushed nearly three quarters of a million homeowners into the black in the first quarter, and today the total may exceed one million.
Continue reading...Friday, June 3, 2011
New listing prices, which lead transactions by three to six months, are already up 8.7 percentage points over the March trough, an indication that sellers are pricing more confidently, said Scott Sambucci, vice president of market analytics for Altos Research in a Webcast for customers yesterday.
Continue reading...Tuesday, March 29, 2011
Home prices officially reached the long feared double dip in January as prices of single-family homes in 20 major cities fell for a sixth straight month, according to the authoritative S&P/Case-Shiller home price index released Tuesday by Standard & Poor's.
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Tuesday, March 26, 2013
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