• Ocwen27.40-0.19 -0.69%
  • Zillow127.59+1.68 +1.33%
  • Trulia54.09+0.96 +1.81%
  • NationStar33.64-0.38 -1.12%
  • CoreLogic27.44-0.08 -0.29%
  • RE/MAX29.56-0.07 -0.24%
  • Fannie Mae3.13+0.15 +5.03%
  • Freddie Mac3.10+0.10 +3.33%
  • Wells Fargo52.95+0.05 +0.09%
  • CitiMortgage53.1199+0.0799 +0.15%
  • Bank of America17.101+0.071 +0.42%
  • Auction.com0.00N/A N/A
  • Fidelity National Financial27.45-0.10 -0.36%
  • Black Knight Financial0.00N/A N/A
  • AUDUSD=X0.8849N/A N/A
  • USDJPY=X108.885N/A N/A
  • WP Stock Ticker
Home | Featured | DS News Webcast: Wednesday 2/5/2014
Print This Post Print This Post

DS News Webcast: Wednesday 2/5/2014

Foreclosure, REO, News, Webcast

CoreLogic released on Tuesday its Home Price Index for December, noting an 11% bump year-over-year. According to the company, it was the highest annual rate of increase since 2005, pushing 10 states and the District of Columbia to new all-time price peaks.

Out of the 47 states reporting price appreciation in December, Nevada ranked highest for another month, posting annual growth of nearly 24%. Following that were California, Michigan, Oregon, and Georgia, with price increases ranging from 12% to 20%. Only three states experienced price declines compared to December 2012: Arkansas, New Mexico, and Mississippi.

A survey of potential home sellers in the first quarter finds many face the same issues that current buyers are grappling with. In a survey released by Redfin Tuesday, 29% of homeowners cited low inventory as one of the concerns they have about listing their house, while 27% said heightened competition has made them doubtful about finding a new home. Another common answer among respondents was the difficulty buyers are currently having getting financing.

Bookmark and Share

About Author: DSNews

This user has not filled out their bio!

Leave a Reply

Scroll To Top