...0.8 percent quarter-over-quarter. Excluding foreclosures, asking prices rose 4.3 percent year-over-year and 1.6 percent quarter-over-quarter (seasonally adjusted). ""Prices are rising faster than at any point since the bubble burst, but...
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CoreLogic: September Posts Largest Annual Price Pickup Since 2006
...are declining, as expected in the housing off-season, most states are exhibiting price increases. Gains are particularly large in former housing bubble states and energy-industry concentrated states,"" said Mark Fleming,...
Read More »NAR: Distressed Sales Leading to Inaccurate Appraisals
Inflated appraisals were identified as one of the causes of the housing bubble, and now undervalued appraisals are viewed as a reason for a stalled recovery. [IMAGE] In a September...
Read More »DeMarco Nets Criticism, Praise for Principal Reductions Decision
...like the aftermath of the worst housing bubble implosion in decades with 30+% price declines, guess what? Write downs happen."" In DeMarco's ""letter"":http://www.fhfa.gov/webfiles/24113/PFStatement73112.pdf to congress stating his position on the...
Read More »Why Rising Student Debt Could Signal Growth for Housing
...likely an exaggeration to liken the current situation to a new economic bubble waiting [COLUMN_BREAK] to burst,"" said the report. After extrapolating from 2009 IRS data and factoring in increases...
Read More »How Over-Optimistic Homebuyers Could Inflate Next Bubble
...had to face reality (7 percent, 10 percent, and 6 percent, respectively). ""That's the kind of optimism that led us to the last bubble, and if that type of optimism...
Read More »Monthly Gains Just a Silver Lining for Home Prices: RadarLogic
...Instead, he agrees with a recent article by Andrew Davidson and Alex Levin titled ""Measuring Housing Affordability and Home Price equililbrium; Revisiting the Housing Bubble & Bust and HPI Modeling,""...
Read More »Exclusive: Trade Group to Call for CFPB Official to Resign After Broker Comments
...problematic vintages of mortgages during the bubble... most of those problematic mortgages were originated not by supervised banks, but by mortgage brokers and finance companies,"" Date said before a group...
Read More »Before Slowing, Home Prices Slid 0.9% in January: LPS
...sales, we see two things. First, prices on normal (nondistressed) properties are doing a bit better than had been estimated before. The dramatic fall in prices after the bubble is...
Read More »Home Prices Fell 4.7% in 2011: CoreLogic
...prices seen since 2002. ""Since the post-bubble drop in home prices eased in January of 2009, we've generally seen that prices for homes in the lowest 20 percent of local...
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