Another Drop in Home Prices in 2011

Home prices in 2011 fell by 4.7 percent, according to CoreLogic–for the fifth straight year.  However, that decrease is due in large part to distressed sales, since once CoreLogic excluded short sales and REOs, prices declined only by 0.9 percent. Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks …

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Number of ‘Improving’ Housing Markets Nearly Doubles

The number of housing markets showing measurable improvement nearly doubled in January, with the addition of 40 new metros to the Improving Markets Index put out by First American and the National Association of Home Builders (NAHB). The index tracks housing markets that are showing signs of improving economic health based on three independent datasets …

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Urgency Sells Homes

After the tech bubble burst, people were leery about putting money into the stock market, and instead poured money into housing. It was easy to get financing — too easy, as it turned out. The inventory of homes for sale was low, and demand was high. When the demand is high and supply is low, …

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Distressed Sales Impact Home Prices

CoreLogic on Tuesday released an analysis of home price data through the end of March. The company reports that its home price index has posted year-over-year declines for eight months in a row now. CoreLogic’s latest reading shows that home prices nationally fell 7.5 percent in March 2011 compared to March 2010 when distressed sales, …

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