Annual Gains in U.S. Home Prices Lowest Since 2015

CoreLogic Case-Shiller, the leading source for home prices in the country, just released a report showing that home price gains in the U.S. are the lowest since 2015, after several years of high gains especially in places like southern California. The highest year over year gains in the 20 cities highlighted show that Las Vegas…

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Home Values Remain Strong

The latest CoreLogic report shows that home values rose 5.0% in December nationwide, compared to a year ago. This figure includes distressed sales. For the entire year of 2014 home prices increased 7.4%, which is down from the 11.1% increase in 2013. This news is great for the housing market, and shows that the housing…

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Home Prices Start to Return to the “New Normal”

For those who are regulars to my blog, I have predicted that home prices will soon stop escalating and will return to a “normal” growth, one that ascends slowly but steadily over time. I predicted we would start to see this by the end of this year, and especially heading into 2014. It appears that…

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Finally: It is a Seller’s Market

Sellers rejoice: it is finally a sellers’ market in many areas. For those homeowners who need or want to sell, this news has been a long time coming, after the last few years of the housing market collapse and bad news. There are some very positive market conditions that accompany this changeover: Home price increases:…

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Home Price Index Sees Biggest Increase in Years

The latest news from the CoreLogic, a national provider of real estate statistics, is that the home price index has increased 3.8% on a national level – the largest increase since 2006. The figures include distressed properties. What does this mean? A home price increase is good for the housing industry, as it means that…

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Is the Housing Market Really Improving?

If I had a dollar for every time someone asked me how the housing market is doing, I would be a very happy lady. Right now there are a lot of stories and speculation out there as to the status of the housing market. There is definitely a lot of positive news, and that seems…

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Real Estate News REcap: July 6

Housing Affordability is Up: The National Association of Realtors has reported that housing affordability is at it’s highest level since the 1970s, when such record-keeping started. The Housing Affordability Index measures the relationship between median home price, median family income, and average mortgage interest rates. As the index climbs higher, household purchasing power grows. An…

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Home Prices are Rising

Home prices are rising and have been doing so for the last three months.  According to Standard and Poor’s newest Case-Shiller index report, prices have actually showed a decline, but that fact has been disputed by other reports. In North San Diego, I agree that prices seem to be rising and market times, not including…

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