While extremes continue in some markets, the national trend in Clear Capital’s July data is moderation as markets at both ends of the spectrum stabilize and return to historic patterns. Has the New Normal arrived? Read More »
Tag Archives: home values
Nineteen Markets have Fully Recovered from the Housing Crash
<p align="center"></p> Nineteen real estate markets have made more than a 100 percent recovery from the housing crash, and their median prices now exceed the very highest prices achieved during the housing boom of 2003 to 2007, according to Homes.com. Read More »
FHFA: May Prices up 7.3 Percent
U.S. house price appreciation continued in May 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The May HPI change marks the sixteenth consecutive monthly price increase in the purchase-only, seasonally adjusted index. The previously reported 0.7 percent increase in April was revised downward to a 0.5 percent increase. Read More »
Home Values Seen Rising 5 Percent More over 12 Months
With values up 5.8 percent year-over-year at mid-year and 2.4 percent from the first quarter, they are expected to rise another 5 percent over the next 12 months, according to the Zillow Home Value Forecast. Read More »
June Price Reports Raise 2013 Forecasts
With the year half over, the first two June national price reports suggest that America could be headed for the biggest annual price increases since the boom years-or not. On a national basis, moderate increases in inventories have had no impact yet on prices. Read More »
Fourteen Major Markets Top Peak Prices
Another measure of the strength of the housing recovery has found that April prices have pushed 14 major markets, including Omaha, Denver and Pittsburgh, over the peak prices they reached during the housing boom. Four, all in Texas, have reached new price levels twice as high as their previous peaks. Read More »
Inventories Hit Ten Month High
As the spring home buying season transitions into summer, month-over-month inventories are rising faster than they were as sellers respond to price increases at a faster pace than earlier in the buying season. On a national basis, both list prices and Inventories rose in last month, according to Realtor.com’s May data. Read More »
Recovery Speeds Homeowners to Positive Equity
Four times more homeowners returned to positive equity in the first quarter of year as the recovery drove home values higher across the nation. Read More »
RE/MAX: Monthly Inventory Rises for First Time in 33 Months
The number of homes for sale in April inched 1.6 percent higher than in March, the first month-over-month inventory increase since June 2010, according to the April RE/MAX National Housing Report. Read More »
Despite Sellers’ Markets, Seventy-one Percent Still Say it’s a Good Time to Buy
Home prices are rising at double digit rates. Inventories are at historic lows. Two out of five applicants for a purchase mortgage are rejected. Yet nearly three quarters of Americans say it’s a good time to buy a home. Read More »