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
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











