Tagged : home prices

Found 68 blog entries tagged as "home prices".

blockhouse_denis-yulia-pogostins__450realtor.com - Looking at sprawling villas in the suburbs and 2,000-square-foot condos in the middle of downtown is one thing. How much home you can afford may be entirely different.

Of course, there’s nothing wrong with looking. But when it comes down to finding a place that fits perfectly in looks, size and price, you need to know your affordability factor.

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ratesup_igarts_450money.cnn.com - National home prices rose 6.2% this spring, compared to the same three months last year, according to the S&P/Case-Shiller national home price index.

Prices in the index's 10 and 20 city measures rose at a slower year-over-year pace in June alone, with every city reporting lower gains -- the first time that's happened in more than six years. Both city indexes rose 8.1% on an annual basis.

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moneyhouse_oleg-doroshin_450Home prices continued to rise this spring, but the pace of increase has slowed since late last year.

The S&P/Case-Shiller home price index, a closely watched measure of home values. posted a 9.3% annual increase in its May reading, down from the 10.8% rate in April. The rate of increase was as high as 13.7% in November before slowing every month since.

The good news for homeowners is that the index has now been up every month over the last two years -- after posting drops almost every month over the previous five years.

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houseonmoney__voronin76_450realtytimes.com - When you receive an offer from a homebuyer, chances are it will be less than you expected. The housing turmoil of the last eight years has taught buyers to go in low, except in the most heated markets.

It's natural to get angry and indignant, but you won't get a higher offer that way. You've got a fish on the hook, and jerking the rod won't land it -- you've got to reel it in. Like a good fisherman, you want to get the fish to the boat alive before you decide whether to throw it back.

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moneyhouse_oleg-doroshin_450Ryan Severino liked the location of his family's home in Scotch Plains, N.J., but he also thought they needed more space. So in the summer of 2011, they decided to buy a bigger house. Mortgage interest rates were down, and so were home prices. "We were outgrowing our house," Severino says. "We didn't want to wait for prices to go back up."

But one thing he didn't realize was exactly how long it would take to sell the first house or to rent it, if that turned out to be the better option. "It comes down to more than pure economics," says Severino, senior economist and associate director of research at Reis Inc., a real estate research firm.

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interest__max5128_450realtor.com - Mortgage rates for the most popular loans decreased this week as reports of a weakening economic recovery showed a decline in December new home sales. Adding to the drop in averages — for the fourth consecutive week — was another study that showed a decrease in November home prices.

The two new reports have furthered the belief among some experts that the economy and housing market may be too weak to handle a large upswing in home prices in the short-term. In the long-term, mortgage rates are still expected to rise considerably in 2014.

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moneyhouse_oleg-doroshin_450Home prices will rise in 2014 but at a slower, more steady pace compared with historical trends.

The housing recovery has pushed up home prices nearly everywhere. In the past year, home prices rose in 225 of the 276 cities tracked by Clear Capital, a provider of real estate data and analysis. Prices nationwide increased  by 10.9 percent, pushing the median price for existing homes up by $30,000, to $215,000. For people who have waited to sell their home or refinance their mortgage, that's good news.

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menhouse_sellingpix_450money.cnn.com - Home prices posted the largest annual gain since housing bubble days in August, although the month-over-month gain slowed for the fourth straight month.

The closely watched S&P/Case-Shiller home price index increased 12.8% from a year earlier, the biggest 12-month gain since February 2006.

But with mortgage rates significantly higher in recent months, the pace of increases is slowing. The 1.3% rise compared to July is only half the monthly increase posted in April when mortgage rates were near a record low.

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blockhouse_denis-yulia-pogostins__450money.cnn.com - Thanks to a sharp increase in home prices last quarter, 2.5 million more mortgage borrowers no longer owe more on their homes than they are worth, according to CoreLogic.

The improvement is mainly due to soaring home prices, which jumped 7% during the quarter, according to the S&P/Case-Shiller national home price index.

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menhouse_sellingpix_450realestate.msn.com - Home prices are continuing to rise, showing a 6.6% annual increase in the past year, the largest gain since July 2006, according to new figures from Zillow.

The Zillow Home Value Index rose 0.4% from July to August, to $162,100, according to the August Zillow Real Estate Market Reports, bringing it to the level of September 2004. Zillow predicts home values will rise an additional 5.2% by next August.

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