Home Prices

November Home Prices Saw Largest Annual Increase Since March 2014

U.S. home prices increased 1.1% in November compared with October and were up 8.2% compared with November 2019, according to CoreLogic’s home price index report. It was the largest year-over-year increase since March 2014. Currently, CoreLogic is forecasting that home price appreciation will continue to accelerate through the first quarter but will slow by the fourth quarter. However, possible stimulus …

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Single-Family Homes Selling at Prices 17% Above Condos

According to a new analysis from Redfin, the typical American single-family home that sold this year went for an average price that was 17.3% more than the typical condo. This is a $58,000 difference in price. This price gap is an increase from the 15.4% difference in price between single-family homes and condos sold last … The post Single-Family Homes …

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Case-Shiller: Home Price Appreciation Continued to Accelerate in September

U.S. home prices increased 1.4% on an adjusted basis in September compared with August and were up 7.0% compared with September 2019, according to the S&P CoreLogic Case-Shiller Indices. Month-over-month, and on an adjusted basis, the index’s 10-city and 20-city composites, measuring home prices in the largest U.S. cities, posted increases of 1.2% and 1.3% respectively. In September, all 19 …

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Housing Market Managing ‘Impressive V-Shaped Recovery’

Affordable homeownership opportunities continue to be an elusive object in the housing market, according to First American Financial Corp.’s newly-released First American Real House Price Index (RHPI) for June.   The report measures the price changes of single-family properties throughout the nation, adjusted for the impact of income and interest rate changes on consumer house-buying power over time … The post Housing Market …

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Where Overleveraged Homes are Concentrated

Mortgage rates hit an all-time low recently due to the negative effect of the coronavirus pandemic on the U.S. economy, but in many cities across the country, homeowners are finding that they owe more on their home than their home is worth. The post Where Overleveraged Homes are Concentrated appeared first on DSNews.

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