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. Read More »

Just two weeks after declaring home prices are overvalued by 10 percent, Fitch Ratings said yesterday that December’s solid single family housing starts and an unexpected jump in multifamily starts are clear signals that 2013 should begin strongly for U.S. housing. Read More »

Single family home construction, the largest segment of the nation’s home building industry, is operating at only 40 percent of its normal capacity despite a healthy improvement in starts and production over last year Read More »

Distressed homes, foreclosures and short sales, which are sold at a discount and depress home values, have fallen to the lowest levels since 2009 and are still dropping, according to the latest November market reports. Fewer discounted distressed sales contribute to forecasts of improving prices in the new year. Read More »

While California and Texas markets dominate the top tier of the latest Home Value Forecast ranking, the bottom of the list includes metros that could miss the housing recovery in the months to come. Read More »

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels.

Nominal house prices will continue to rise for the UFA 100, a broad based composite index of 100 US cities. Under current economic conditions commonly used house price indices will rise between 8.5 and 22 percent cumulatively over the next five years, but recovery will be slow for the larger metro areas in the Case-Shiller 10 city composite. Read More »

States that lost the most home value during the housing depression, until recently largely hotbeds for discounted foreclosures and short sales, today are leading the nation in price gains. Read More »

Rising numbers of real-estate owned properties (REOs) and delinquencies are creating excess supply in housing markets across the country. Read More »

Recent gains in home values are temporary and markets are poised for a 5 percent dip during the balance of 2010. Read More »