House Prices Up in April Amid Slower REO Growth

House Prices Up 5.1 Percent in April Amid Slower REO Growth Home prices in April gained 5.1% from last year, while REO levels across the country slowed their climb, according to the real estate data provider Clear Capital. The firm measures home prices on a rolling three-month period. REO took up 29.6% of the market… Read More

Have The Home Prices Bottomed?

Home prices bottomed? According to the PMI Mortgage Insurance Risk Index, the risk of home prices dropping even lower in the next two years is stabilizing in most Metropolitan Statistical Areas (MSAs). The index charts the chance that home prices will rise or fall along a yearly time-line. To do this, PMI analysts translate a… Read More

Mortgage Rates Predicted To Go Up

Yesterday, I attended the Windermere Kick-Off breakfast. The highlight for me was listening to real estate economist, Matthew Gardner. This proved to be very valuable since I do a lot of business in the Bonney Lake, Lake Tapps, Buckley, Puyallup, Sumner and surrounding areas and I want to stay current with the real estate market… Read More

Home Prices On The Rebound

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

House sales up 81% in November, prices down in King County (seattlepi.com)

King County house sales continued to surge in November, as buyers rushed to close deals before at tax-credit deadline, while prices remained lower than a year earlier, according to a new report.