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FHFA: Home Prices Improve for the Fourth Time in Five Months
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You're Now Reading:
FHFA: Home Prices Improve for the Fourth Time in Five Months
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
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Receive Multiple Offers. Save Money.
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FHFA: Home Prices Improve for the Fourth Time in Five Months
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May 25, 2012 (Shirley Allen)

Monthly home prices in the United States increased 1.8 percent from February to March, marking the fourth time in the last five months that monthly home prices have improved according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index (HPI),

March’s home prices were 2.7 percent higher than they were a year ago, the second consecutive month that annual home prices have improved after having declined every month since July 2007. Home prices are at roughly the same levels last seen in April of 2004.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to or guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

All nine Census Divisions posted monthly price gains in March with the Pacific Division recording the most improvement of 3.2 percent, followed by the East North Central Division with a 2.6 percent gain and the East South Central Division which recorded a monthly price gain of 2.4 percent.

The New England and South Atlantic Divisions shared the smallest increases of 0.7 percent.

All nine of the Divisions also registered year-over-year price gains with the West South Central Division posting the largest yearly increase of 4.0 percent followed by the East South Central Division where prices improved by 3.9 percent and the Mountain Division with a gain of 3.6 percent.

The Middle Atlantic Division was the only Division to see a year-over-year increase of less than one percent.

FHFA March Home Prices

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
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Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
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Tips
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Rates

May 25, 2012 (Shirley Allen)

Monthly home prices in the United States increased 1.8 percent from February to March, marking the fourth time in the last five months that monthly home prices have improved according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index (HPI),

March’s home prices were 2.7 percent higher than they were a year ago, the second consecutive month that annual home prices have improved after having declined every month since July 2007. Home prices are at roughly the same levels last seen in April of 2004.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to or guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

All nine Census Divisions posted monthly price gains in March with the Pacific Division recording the most improvement of 3.2 percent, followed by the East North Central Division with a 2.6 percent gain and the East South Central Division which recorded a monthly price gain of 2.4 percent.

The New England and South Atlantic Divisions shared the smallest increases of 0.7 percent.

All nine of the Divisions also registered year-over-year price gains with the West South Central Division posting the largest yearly increase of 4.0 percent followed by the East South Central Division where prices improved by 3.9 percent and the Mountain Division with a gain of 3.6 percent.

The Middle Atlantic Division was the only Division to see a year-over-year increase of less than one percent.

FHFA March Home Prices

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
LOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at LoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

May 25, 2012 (Shirley Allen)

Monthly home prices in the United States increased 1.8 percent from February to March, marking the fourth time in the last five months that monthly home prices have improved according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index (HPI),

March’s home prices were 2.7 percent higher than they were a year ago, the second consecutive month that annual home prices have improved after having declined every month since July 2007. Home prices are at roughly the same levels last seen in April of 2004.

FHFA gathers its data by calculating purchase prices of houses backed by mortgages sold to or guaranteed by Fannie Mae and Freddie Mac. The data is then broken down into nine geographic Census Divisions.

All nine Census Divisions posted monthly price gains in March with the Pacific Division recording the most improvement of 3.2 percent, followed by the East North Central Division with a 2.6 percent gain and the East South Central Division which recorded a monthly price gain of 2.4 percent.

The New England and South Atlantic Divisions shared the smallest increases of 0.7 percent.

All nine of the Divisions also registered year-over-year price gains with the West South Central Division posting the largest yearly increase of 4.0 percent followed by the East South Central Division where prices improved by 3.9 percent and the Mountain Division with a gain of 3.6 percent.

The Middle Atlantic Division was the only Division to see a year-over-year increase of less than one percent.

FHFA March Home Prices

Census Divisions:

Pacific: Hawaii, Alaska, Washington, Oregon, California

Mountain: Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, New Mexico

West North Central: North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas, Missouri

West South Central: Oklahoma, Arkansas, Texas, Louisiana

East North Central: Michigan, Wisconsin, Illinois, Indiana, Ohio

East South Central: Kentucky, Tennessee, Mississippi, Alabama

New England: Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut

Middle Atlantic: New York, New Jersey, Pennsylvania

South Atlantic: Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida

Tags: FHFA, home prices, HPI, census divisions, price gains, price declines

Source:
FHFA

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
LOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.