The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October.
Government Releases Additional HARP Guidance For Underwater Homeowners
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.
16 of 20 Case-Shiller Cities Show Improvement In May
May’s Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index’s 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat.
Home Prices Rise For The 2nd Straight Month
A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency’s Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May.
Home Values Climb 0.8 Percent In April
Maybe homes are holding value better than we thought.
Foreclosures And Short Sales Distorting “Home Price Trackers”
The Federal Home Finance Agency data had home values down 1.6 percent nationwide in February, on average, marking the fourth straight month in which prices fell.