Monthly Archives: April 2012

Home Prices Rise for First Time in Almost a Year

Latest Adjusted Prices Show Slight Increase S&P/Case-Shiller Report Reports 0.2% Rise According to the S&P/Case-Shiller report released last week, the composite index for 20 metropolitan areas gained 0.2 percent this February when seasonally adjusted — meeting forecasts made by economists. The … Continue reading

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Homes More Affordable Than Ever?

Affordability at 40-year high Judging housing affordability by the relationship between median home price, median family income and average mortgage interest rates, the National Association of Realtors (NAR) says that homes are the most affordable they’ve been since record-keeping was … Continue reading

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Improving Metro Markets On the Rise

There are now 35 states represented on the Improving Markets Index — tracked and reported by the National Association of Home Builders (NAHB) and First American Title Insurance. To make the “improving market” list, a metropolitan area must show continuous improvement … Continue reading

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Mortgage Rates Up and Down

Mortgage rates dropped last week Although mortgage rates rose recently in response to a generally positive outlook on the economy, last week saw rates fall with news of Europe’s economy continuing to crumble and reports of uninspiring March employment numbers. … Continue reading

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2012 – The Year The Housing Crisis Ended

Experts find the silver lining in the market cloud Good news/bad news Last week’s Case-Shiller index seemed to be a case of “good news/bad news,” according to economic experts. Although the index showed housing prices at their lowest level since … Continue reading

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