Category Archives: Home Prices and Values

Housing Affordability Reigns

The National Association of Realtors(NAR) just released it’s Quarterly Housing Affordability Index citing that the 4th quarter of 2010 was the most affordable quarter on record.  NAR started tracking home affordability in the 1970′s, factoring in median price, rates, p & i payments, payments as a % of income, and … Continue reading

The Buy High Sell Low Crowd is Back

Last night I was having dinner with some fellow real estate entrepreneurs and several journalists.  One of these journalists was a stock writer at Barron’s.  We started talking about the current bull market and something another investment colleague, Marek mentioned to me the previous night came up in conversation.  He said, … Continue reading

Home Prices Weaken, Nationally

Standard & Poor’s released its S&P/Case-Shiller Home Price Index, showing prices continue to decline.  The November 10-City Composite was down 0.4% and the 20-City Composite fell 1.6% year-over-year. The indices remain 4.8%(10-city) and 3.3%(20-city) above their April 2009 lows so a technical double dip in home prices would mean reaching … Continue reading

Clear Capital: Memphis Prices to Rise 3.2% in 2011

Clear Capital, the California-based BPO sourcing firm released its January 2011 Market Report.  The firm projects nationally that prices will … Continue reading

RPX Shows Declines in Home Prices

New York based Radar Logic’s RPX Composite index showed price declines in July on both month-over-month and year-over-year becoming the latest analytics firm to call further price declines in housing. “We believe that 2010 will prove to be a transition from government support for housing to further price declines fueled … Continue reading

FHFA Shows Double-Dip in US Home Prices

The Federal Housing Finance Agency’s House Price Index (once the standard of home prices prior to Case-Shiller) reported U.S. home prices fell 0.5% (seasonally-adjusted) in July from June.  The FHFA also revised its June decline downward further to 1.2% from 0.3%.  Year-over-year the House Price Index is down 3.3%, which … Continue reading