For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It’s the first time in 3-plus years that the benchmark housing index has shown such strength.
According to a Case-Shiller Index spokesperson, “The rate of annual decline in home price values...
Are we turning the corner? Or is the GOV just propping us...
The national housing supply fell to a 2-year low last month, according to the National Association of Realtors®.
At the current sales pace, existing home inventories would sell out in 7.8 months — 30 percent faster versus November 2008.
For a 10-month window, that’s a major housing supply...
Posted by
yourmortgageplanner on Oct 26, 2009 in
FHA |
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According to the government, home values edged lower last month.
The Federal Housing Finance Agency‘s Home Price Index report shows values down by 0.3 percent from the month prior – the index’s first down month since April.
The Home Price Index is based on the value of homes financed...