Huliq News Tagged: "home prices"

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S&P/Case-Shiller Home Prices Fall, Charlotte Holds

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Home prices in 20 US metropolitan areas fell in April by the most on record, signaling the housing recession is far from over, a private survey showed today. Las Vegas and Miami again earned the distinction of being the weakest markets over the past 12 months, declining more than 26 percent in the last year.

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High Mortgage Rates, Home Values Decrease Mortgage Activity

The MBA’s mortgage application index fell nearly 10% last week driven down by the highest interest rates in a year. High rates, coupled with declining property values and tighter underwriting guidelines continue to put pressure on the mortgage market.

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Home Prices Decline Further, New Home Sales "Increase"

The Case-Shiller housing index showed declines in home prices of 14% year-over-year and 6.7% from the fourth quarter. Las Vegas led the pack with a 26% drop, followed by Miami and Phoenix with 25% and 23% declines respectively.

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Home prices in California down 10.6%

The Office of Federal Housing Enterprise Oversight(OFHEO) just released their seasonally-adjusted purchase-only house price index. The index fell 1.7% in the first quarter compared to Q4 of 2007. Over the past year, home prices fell 3.1%. This is the largest decline in the purchase-only index’s 17-year history.

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At Least Your Home Didn't Drop $20 Million

Even home and real estate listings at the $100 million level are seeing declines.

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More Housing Numbers That Don't Tell Us What We Need to Know

Every time I read one of these stories on housing price data, it takes me back to the required reading in my college political science statistics class:

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Buying house in 2006 its 50/50 you're underwater

Zillow posted some interesting analysis today in which they claim that 50% of all home buyers who purchased a home in 2006 are now in a negative equity situation - underwater. That’s a mind-boggling stat don’t you think?

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Standard Poor's S/case shiller home price index falling

Unfortunately, the bad housing numbers keep coming almost on a daily basis. Today, the S&P/Case-Shiller Home Prices Index was released and, as expected, the news are grim. The index shows declines in the prices of existing single family homes across the United States worsened in February 2008, with 17 of the 20 now reporting MSAs posting record low annual declines, 10 of which are in the double digits.

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Lower House Prices Have Buyers Jumping In

WSJ reports that the good side of the real estate crisis is that it allows some people to buy houses and become homeowners.

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Declining Home Values - What Effect Will It Have On Reverse Mortgages?

Falling home prices are putting pressure on homeowners across the country. What do the declining home values mean to your Revere Mortgage or your chances of getting one.

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US Home Prices, Consumer Confidence, Fall Sharply

Two new economic reports say U.S. consumer confidence fell in March while home prices dropped in January.

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Home prices drop, get too cheap to ignore

Existing home prices rose for the first time in seven months in February, proving that homes in some regions have gotten too cheap to ignore.

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