Posts Tagged ‘house price index’

Southern States Are Where the Best Housing Market Appreciation is Found

February 23rd, 2017

Today’s News Synopsis: According to the latest report from Zillow, the Southern States are the places to go to find housing markets with the best appreciation.  The FHFA released their latest report showing a 1.5% increase in home prices in the fourth quarter.  Mortgage rates continue to remain steady due

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Home Price Gains Show Slowdown at Only 0.4% Increase

April 22nd, 2016

Sources: Housing Starts Down 8.8 Percent in March Morning Briefing: Building confidence remains strong Existing home sales rebound 5.1% in March Mortgage Applications Increase in Latest MBA Weekly Survey Freddie Mac: Mortgage rates still lowest in recent memory [Chart] Remodeling Market Index Dips in First Quarter of 2016 Ten Real Estate Investment Hot Spots Bill would bar using

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Home Prices Increase Ever So Slightly for Eighth Month Straight

September 23rd, 2014

      Today’s News Synopsis: Home prices in the U.S. increased only slightly by o.1% for the eighth month in a row.  Confidence in the housing market increased this past summer according to the latest Zillow report.  The U.S. is experiencing a shortage of around 1 million affordable homes following budget cuts in

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The Norris Group Real Estate News Roundup 2/26/14

February 26th, 2014

Today’s News Synopsis: The FHFA reported home prices increased 7.7% in the fourth quarter along with other goods and services, which showed a 0.7% increase.  New home sales increased last month by 9.6%, the highest in over five years.  Mortgage applications showed an 8.5% decrease in the latest Mortgage Bankers Association

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The Norris Group Real Estate News Roundup 7/23/13

July 23rd, 2013

Today’s News Synopsis: Home prices increased again in May by 7.3% year-over-year and 0.7% month-over-month.  The latest Fitch Ratings showed an expected continued growth of the housing market with a 7.5% increase in existing home sales and 24% in new home sales.  However, Congress is planning to cut the budgets for

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The Norris Group Real Estate News Roundup 6/25/13

June 25th, 2013

Today’s News Synopsis: Home prices increased in April by 12.1% year-over-year, exceeding expectations.  The national delinquency rate stood at 6.08% in May, the lowest since May 2008.  At the same time, foreclosure inventory also decreased to 3.05%, the lowest since March 2009.  A new bill was drafted to replace Fannie Mae

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The Norris Group Real Estate News Roundup 7/24/12

July 24th, 2012

Today’s News Synopsis: Zillow reported a 0.2% year-over-year increase for home values in the second quarter, the first year-over-year increase seen since 2007.  Home prices increased 0.8% in May according to the FHFA.  Despite price increases, Radar Logic expressed concerns there still could be declines seen in the second half of

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The Norris Group Real Estate News Roundup 2/23/12

February 23rd, 2012

Today’s News Synopsis: In a big news story, 30-year mortgage rates are increasing slightly once again after being at an all-time low.  The number of people filing unemployment claims is at its lowest in four years.  The fourth quarter of 2011 saw a decrease in home prices overall, but an increase

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