Home Prices Up

Home Prices Up – for now According to the S&P/Case-Shiller Home Price Index, national home prices jumped 3.6% in the past year. Prices also climbed 4.4% in the second quarter compared with a 2.8% plunge in the first quarter. “While the numbers are upbeat, other more recent data on home sales and mortgages point to… Read More

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

The Best Real Estate Buyers Market

Biggest Buyers Market When it comes to short sales, investors would do well to take a look at these major metropolitan areas presenting the largest peak-to-present value price drops. There are a variety of reasons each area has experienced larger than average price drops; from over building in Orlando to unemployment in Modesto, pressure on… Read More

Housing data points to rocky rebound (Builder Magazine)

WASHINGTON – Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South. Home prices rose in 11 major metro areas in September, but fell in nine. Home resales, meanwhile, were up nationwide, with the biggest gain in the Midwest.

Housing data points to rocky rebound (INO News)

(AP:WASHINGTON) Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South. Home prices rose in 11 major metro areas in September, but fell in nine. Home resales, meanwhile, were up nationwide, with the biggest gain in the Midwest.