Home Values

Case-Shiller Home Price Growth Ticks Upward in November Reading

Home prices increased in November, with national home prices up 0.70 percent month-to-month and 6.20 percent higher year-over year. Case-Shiller's 20-City Home Price Index rose by 0.70 percent in the three-month period ending in November; nationally, home prices grew 6.20 percent year-over-year.

By |2018-02-07T13:40:07-05:00February 7th, 2018|Home Values|Comments Off on Case-Shiller Home Price Growth Ticks Upward in November Reading

Case-Shiller: Home Prices Grow at Fastest Rate Since June 2014

Home prices continued to rise in September according to Case-Shiller National and 20-City home price index reports. According to the National Home Price Index, national home prices rose 0.70 percent month for the three months ending in September. The National Index regained its pre-housing bubble peak and surpassed it by 5.90 percent as of September.

By |2017-11-29T14:00:13-05:00November 29th, 2017|Home Values|Comments Off on Case-Shiller: Home Prices Grow at Fastest Rate Since June 2014

NAHB: Builder Sentiment Surges in August

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July's Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not.

By |2017-08-16T12:45:23-04:00August 16th, 2017|Home Values|Comments Off on NAHB: Builder Sentiment Surges in August

NAHB: Builder Confidence in Market Conditions Dips in July

According to the National Association of Home Builders, July builder sentiment dipped to an index reading of 64 as compared to June's revised reading of 66, the original reading was 67. Analysts expected the reading for July to increase to 68. Builders cited increasing lumber prices as a concern affecting builders' outlook on housing market conditions for new single-family homes. Any reading over 50 for the NAHB Housing Market Index indicates that more builders than fewer are positive about housing market conditions, but July's reading was the lowest in eight months. NAHB said that home builder confidence in market condition "remains strong."

By |2017-08-10T01:54:04-04:00July 19th, 2017|Home Values|Comments Off on NAHB: Builder Confidence in Market Conditions Dips in July

Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

According to the Case-Shiller National Home Price Index, February home prices grew at their fastest pace in three years. While home prices have steadily grown in recent months, growth rates slowed in many areas month-to-month; the escalation of home prices from January to February indicates stronger housing markets. National home prices increased by 0.20 percent in February to a seasonally-adjusted annual rate of 5.80 percent appreciation.

By |2017-08-10T01:55:21-04:00April 27th, 2017|Home Values|Comments Off on Case-Shiller: February Home Prices Grow at Fastest Pace in 3 Years

Home Builder Index Dips in January

January's National Association of Home Builders Housing Market Index dipped two points from December's revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January's reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January's dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January's home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.

By |2017-08-10T01:57:31-04:00January 19th, 2017|Home Values|Comments Off on Home Builder Index Dips in January

S&P Case-Shiller: Home Prices Gain in August

Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.

By |2017-08-10T01:59:04-04:00October 27th, 2016|Home Values|Comments Off on S&P Case-Shiller: Home Prices Gain in August

CNNMoney.com Predicts The Best And Worst Real Estate Markets For 2010

CNNMoney.com recently published its 2010 forecast and projections for home prices in the country's largest metro markets. Listed as "Top 25" and also comprehensively by state, CNNMoney.com's home price forecasts puts Santa Rosa, California at the top of 2010's home appreciation list and Hanford, California at its bottom.

By |2017-08-10T02:42:04-04:00April 3rd, 2010|Home Values|Comments Off on CNNMoney.com Predicts The Best And Worst Real Estate Markets For 2010

7 Weeks Remain To Find A Home, Claim Up To $8,000 In Tax Credits

In November, Congress extended and expanded the First-Time Home Buyer Tax Credit program to include a subset of "move-up" buyers -- homeowners that have owned and lived in their home for 5 of the last 8 years. The credit ranges up to $8,000 per buyer. There's now just 7 weeks left to take advantage. To be eligible, home buyers must be under contract for a new home no later than April 30, 2010, and must be closed no later than June 30, 2010.

By |2017-08-10T02:42:21-04:00March 9th, 2010|Economy, Existing Home Sales, Home Values, Homebuyer Tax Credit, Mortgage Lending|Comments Off on 7 Weeks Remain To Find A Home, Claim Up To $8,000 In Tax Credits