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For the second consecutive month the Home Price Index (HPI) published by CoreLogic posted a decline. The September HPI decreased 1.1 percent compared to August figures. National home prices, including distressed sales, also declined year-over-year and are now 4.1 percent lower than in September 2010...
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The Federal Housing Finance Agency (FHFA) has released its monthly House Price Index for August. The index calculates prices paid to purchase houses that are backed by mortgages sold to or guaranteed by Freddie Mac or Fannie Mae. The HPI was down 0.1 percent from July to 183.02 on a seasonally adjusted...
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The seasonal decline in home prices that always proceeds the holidays and continues through the cold winter months has already begun, appearing earlier and sharper than usual. Radar Logic reports that its RPX Composite Price which tracks housing prices in 25 metropolitan statistical areas (MSA) fell...
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Home price are continued their slow recovery from the double dip experienced in late 2010 and early 2011, but recent price performance indicates the market may be " flirting " with a possible triple-dip by early 2012 . The Home Data Index TM (HDI) for October which was released Thursday by Clear Capital...
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Home prices rose for the fourth straight month according to the S&P/Case-Shiller Home Price Indices for July which were released Tuesday. While the publishers cautioned that the increases could be merely a sign of seasonal strength, news that both the 10- and the 20-City Composites were up 9 percent...
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Last week RadarLogic, a real estate data and analytics company, submitted a proposal, which we covered here , to the Federal Housing Finance Agency (FHFA) in response to a Request for Information regarding the proposed bulk sale of government owned real estate (REO). Wednesday, in their RPX Monthly Housing...
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Home prices pulled, at least temporarily, out of their downward spiral according to the S&P/Case-Shiller Home Price Indices (HPI) released on Tuesday. The National Index rose 3.6 percent in the second quarter of 2011, increasing in each of the three months of the quarter following the first quarter...
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Treasuries are rebounding from Monday's losses and the equity rally looks a bit overdone, at least until investors have a chance to look at this morning's home price and consumer confidence data. The two-year Treasury yield is flat at 0.20%, the 10-year yield is five basis points firmer at 2.21%, and...
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The Federal Housing Finance Agency ( FHFA ) has released its seasonally adjusted purchase-only house price index (HPI) for the second quarter of 2011 and for the fourth consecutive quarter it reports that those prices declined nationwide. The HPI measures prices recorded for repeat home sales using Freddie...
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Almost 85 percent of large cities showed a decrease in foreclosure activity during the first six months of 2011 according to the Mid-year 2011 Metropolitan Foreclosure Market Report released on Thursday by RealtyTrac. This includes the ten cities with the highest foreclosure rate among the 211 metropolitan...
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Home prices in much of the nation increased in May according to the S&P/Case Shiller Home Prices Indices (HPI) released on Tuesday. May was the second straight month when both the 10 and 20-City composite indices increased. When compared to May 2010, however, only one Metropolitan Statistical Area...
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The Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for June 2011. New Residential Sales data provides statistics on the sales of new privately-owned single-family residential structures in the United States. Data included in the press release are...
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Fannie Mae's Economic and Mortgage Market Analysis for July describes second quarter economic data received so far as "discouraging," and forecasts growth will likely end up at about the same anemic pace as in the first quarter, an annualized rate of 1.9 percent. While the main culprits responsible for...
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There has been periodic speculation that one factor in the continuing high unemployment levels is "house lock," or the reluctance of households to sell their homes in a declining price environment. This, the theory goes, may create a geographic mismatch between the locations of available workers and...
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RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the magnitude of the trajectory. The mid-year report, released on Thursday, solidifies the impression of an improving situation. Foreclosure filings nationwide were down...