Google+
  • Ocwen22.94-0.68 -2.88%
  • Zillow118.36-1.85 -1.54%
  • Trulia50.83-0.64 -1.24%
  • NationStar29.97-0.16 -0.53%
  • CoreLogic33.22+0.10 +0.30%
  • RE/MAX33.45-0.12 -0.36%
  • Fannie Mae2.45-0.005 -0.20%
  • Freddie Mac2.39+0.01 +0.42%
  • Wells Fargo54.48+0.20 +0.37%
  • CitiMortgage53.97-0.16 -0.30%
  • Bank of America17.04-0.07 -0.41%
  • Fidelity National Financial32.40+0.32 +1.00%
  • First American32.01-0.14 -0.44%
  • AUDUSD=X0.8507N/A N/A
  • USDJPY=X118.645N/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

Avatar of DSNews
This user has not filled out their bio!

Leave a Reply

Scroll To Top