Nearly a quarter of the real estate markets Housing Predictor forecasts in 2008 will see appreciation, while the majority are projected to deflate with slower home sales. Some 251 markets are forecast in all 50 states for the year with 191 projected to depreciate. Sixty are forecast to appreciate. Those forecast to appreciate are generally less… Continue reading Twenty Five Percent of Real Estate Markets to Appreciate
Category: Idaho
Idaho housing market
2012 Idaho Housing Market
Pushed by record low mortgage rates and the lowest home prices in years, most of Idaho’s housing markets are in the midst of a major turn around, and are projected to appreciate in home values by the end of the year. A limited supply of homes on the market in Idaho cities is also helping… Continue reading 2012 Idaho Housing Market
Home Price Appreciation Jumps 2.5% for Year
By Mike Colpitts For the fourth straight month home values have increased in appreciation across the U.S., according to real estate research firm CoreLogic. Prices increased 2.5% in June compared to a year ago in the 100 largest metro areas the company tracks. On a month-over-month basis, including foreclosure and short sales, home price appreciation… Continue reading Home Price Appreciation Jumps 2.5% for Year
Home Prices Rise 3 Straight Months
By Mike Colpitts Home prices rose for the third straight month in May across the U.S., according to real estate analytics company CoreLogic. On a year over year basis the firm said average prices rose 2.0%, and also increased 1.8% compared to a month earlier. The firm’s Housing Price Index, which tracks 100 of the… Continue reading Home Prices Rise 3 Straight Months
Housing Recovery Delayed as Foreclosures Stall
By Kevin Chiu As many as 1-million homes that should have been foreclosed in 2011 will be delayed until 2012 stalling a housing recovery in the U.S. as lenders work through problems with foreclosure procedures, lawsuits and other legal problems, according to RealtyTrac. The foreclosure tracking firm reported that a total of 1,170,402 residential properties… Continue reading Housing Recovery Delayed as Foreclosures Stall
HUD Launches Emergency Home Loans
By Mike Colpitts In a move that has been awaited more than a year, the Housing and Urban Development Department launched the Emergency Homeowners Loan Program to help unemployed homeowners at risk of foreclosure in 27 states. The program is slated to help only a small number of troubled homeowners during its life-span. The White… Continue reading HUD Launches Emergency Home Loans
Home Price Index Shows Six Month Drop
By Mike Colpitts Home prices dropped for six straight months in the U.S., declining by 5.7% on average in January compared to a year earlier, despite the federal governments home buyer tax credit, according to Core Logic. The real estate research firm gathers mortgage data for the lending industry. The drop represented a 1% higher… Continue reading Home Price Index Shows Six Month Drop