Realtor.org: The trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by a surge in home sales driven by the home buyer tax credit, according to the latest survey by the National Association of Realtors®.
In the second quarter, 100 out of 155 metropolitan statistical [...]
NEW YORK (CNNMoney.com) — Home prices rose 0.8% in April compared with March and were up 3.8% from a year ago, according to the S&P/Case-Shiller Home Price Index of 20 major housing markets.
That good news is tempered by a couple of factors. First, the one-year comparison was against a low-ebb mark. In April 2009, prices [...]
(Reuters) – The percentage of U.S. home sellers who cut their asking price rose in May, but price reductions were smaller, real estate website Zillow.com said in a report. Prices of nearly one in four homes, or 23.6 percent, listed for sale on the Zillow website had been cut at least once as of the [...]
Bankrate.com: Home prices are falling everywhere, but homeowners hoping for lower property taxes may find themselves disappointed when the bill arrives. If you think your home’s assessed value is too high, you can appeal the tax assessor’s verdict — either on your own or with the help of a third party who will handle the [...]
MIAMI — Home prices in February nationally posted their first annual increase since the end of 2006, lifted by temporary tax credits for homebuyers. The Standard & Poor’s/Case-Shiller home price index released Tuesday squeezed out a 0.6 percent gain. But that was half the increase analysts had expected. On a more cautionary note, 11 of the [...]
(Reuters) – Prices of single-family homes fell in February on a monthly basis but posted the first annual increase in more than three years, Standard & Poor’s/Case Shiller home price indexes showed on Tuesday.
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NEW YORK (CNNMoney.com) — February home prices posted their first year-over-year increase since December 2006, according to a report out today. Home prices inched up 0.6% compared to February 2009 according to the S&P/Case-Shiller 20-city index, with nine of the 20 cities showing gains.
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(Reuters) – U.S. home prices fell 0.2 percent on a seasonally adjusted basis in February and dropped 3.4 percent in the year, the Federal Housing Finance Agency said on Thursday.
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A new sign that home prices may be stabilizing—fewer sellers are slashing prices while their homes are on the market. Twenty percent of sellers slashed prices by an average 10 percent in April, and while that may sound like a lot, it’s a good deal less than the 27 percent who did so in April [...]
(Reuters) – Home prices continued to weaken in many U.S. markets during January as the impact of government tax credits on housing demand lost momentum, real estate Website Zillow.com said on Tuesday. Nationally, while the annualized appreciation rate continued to rise, increasing from negative 5.5 percent in December to negative 4.8 percent in January, [...]
NEW YORK (CNNMoney.com) — Home prices fell in November for the first time in seven months, according to a industry report released Tuesday. The S&P/Case-Shiller 20-city home price index recorded a decline of 0.2% from October. Prices were down 5.3% compared with 12 months ago.
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With home prices beginning to flatten in many areas around the country, home sellers are slowly gaining ground in their quest to hold on to the asking price. A new report from Trulia.com finds that of all homes on the market today, 21 percent have seen at least one price reduction. That’s the second straight [...]
NEW YORK (CNNMoney.com) — Taking into account inflation, home prices are actually lower than they were 10 years ago, according to a report from the National Association of Realtors released Wednesday. The median home price in November 1999 was $137,600, NAR said, and by November 2009 it had risen 25% to $172,600. But with cumulative [...]
Despite the lull in October, the Case-Shiller home-price index has steadily increased through 2009. Although the price of most U.S. homes are well below the peaks scaled earlier in the decade, values are slowly recovering along with the broader economy.
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I have noticed that some reports regarding housing prices reference “average” pricing while others refer to “median” pricing. Are both average and median considered roughly equally reliable measures of value?
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For the nation’s real estate market, home valuations have dropped off dramatically. However, the actual listing prices have not fallen as much, with realtors and sellers clinging onto original valuations, trying to minimize losses on their investments.
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US real estate prices have fallen dramatically over the past year, but some parts of the country have managed to buck the trend. A new report, recently released by Zillow.com , highlights places that had the biggest year-over-year price increases during the third quarter. In the case of a tie, the area with the higher average [...]
Home prices fell in the third quarter from year-ago levels in about 80 percent of U.S. metropolitan areas, the National Association of Realtors said Tuesday.
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U.S. home prices rose for the fourth straight month in August and shoppers spent more last week, providing evidence consumer demand could be stabilizing.
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WASHINGTON (MarketWatch) — After rising for three months, U.S. home prices fell a seasonally adjusted 0.3% in August compared with July, the Federal Housing Finance Agency reported Thursday.
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