Home prices rebound National housing prices dropped 32% from the peak in Q206 to trough in Q109 and rebounded 6.3% by the end of 2009, according to a Standard & Poor’s (S&P)/Case-Shiller home price index annual report. S&P chief economist David Wyss projects housing sales and starts to drop over the winter, but to remain… Read More
Home Price Reduction Levels Drop to 2009 Low According to Trulia’s December Price Reduction Report (Marketwire via Yahoo! Finance)
December 9, 2009 By Leave a Comment
SAN FRANCISCO, CA–(Marketwire – 12/09/09) – Trulia, Inc. ( www.trulia.com ), the best place to start your real estate search , today announced that 22 percent of homes currently on the market in the United States as of December 1, 2009 have experienced at least one price cut, the lowest level since Trulia started tracking price reductions in April 2009. The total …
Thirty-Year Fixed Mortgage Rate Continues Rapid Fall; Lowest Rate Since Zillow Mortgage Marketplace Launched in April … (PR Newswire via Yahoo! Finance)
December 1, 2009 By Leave a Comment
The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased seven basis points last week to 4.62 percent, down from 4.69 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®.
