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Home Prices Increase for First Time Since Mid-2010
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
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.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Prices Increase for First Time Since Mid-2010
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
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.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Home Prices Increase for First Time Since Mid-2010

June 1, 2011 (Chris Moore)

For the first time since the end of the home buyer tax credit in mid-2010, home prices have increased on a month-over-month basis according to CoreLogic’s April Home Price Index (HPI). The 0.7 percent increase in home prices from March to April was a small victory for a housing market that has been battered by a flood of distressed properties.

The influence of those distressed properties over the past year continues to take its toll on housing prices. Including distressed property sales, home prices were 7.5 percent lower in April 2011 compared to April 2010, but by excluding distressed property sales, home prices would only be 0.5 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 33.8 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.9 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While the economic recovery is still fragile and one data point is not a trend, the month-over-month increase based on April sales activity is a positive sign. This is the first month-over-month increase in the HPI since government support for home buying was removed, and it provides reason for cautious optimism,” said Mark Fleming, chief economist for CoreLogic.
Ninety-two out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in April 2011, a slight increase from the 91 CBSAs showing year-over-year price declines in March 2011.

The five states with the highest appreciation including distressed sales were: North Dakota (+4.2 percent), Vermont (+3.4 percent), New York (+3.2 percent), The District of Columbia (+2.2 percent) and Mississippi (+1.4 percent).

The five states with the highest appreciation excluding distressed sales were: West Virginia (+8.4 percent), South Carolina (+6.1 percent), Hawaii (+5.8 percent), Mississippi (+5.0 percent) and North Dakota (+4.5 percent).

The five states with the greatest depreciation including distress sales were: Idaho (-15.2 percent), Michigan (-13.2 percent), Arizona (-11.9 percent), Rhode Island (-11.6 percent) and Nevada (-11.4 percent).

The five states with the greatest depreciation excluding distressed sales were: Nevada (-10.3 percent), Idaho (-9.5 percent), Arizona (-6.0 percent), South Dakota (-5.9 percent) and Minnesota (-5.6 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation, home buyer tax credit

Sources:
CoreLogic

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

June 1, 2011 (Chris Moore)

For the first time since the end of the home buyer tax credit in mid-2010, home prices have increased on a month-over-month basis according to CoreLogic’s April Home Price Index (HPI). The 0.7 percent increase in home prices from March to April was a small victory for a housing market that has been battered by a flood of distressed properties.

The influence of those distressed properties over the past year continues to take its toll on housing prices. Including distressed property sales, home prices were 7.5 percent lower in April 2011 compared to April 2010, but by excluding distressed property sales, home prices would only be 0.5 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 33.8 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.9 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While the economic recovery is still fragile and one data point is not a trend, the month-over-month increase based on April sales activity is a positive sign. This is the first month-over-month increase in the HPI since government support for home buying was removed, and it provides reason for cautious optimism,” said Mark Fleming, chief economist for CoreLogic.
Ninety-two out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in April 2011, a slight increase from the 91 CBSAs showing year-over-year price declines in March 2011.

The five states with the highest appreciation including distressed sales were: North Dakota (+4.2 percent), Vermont (+3.4 percent), New York (+3.2 percent), The District of Columbia (+2.2 percent) and Mississippi (+1.4 percent).

The five states with the highest appreciation excluding distressed sales were: West Virginia (+8.4 percent), South Carolina (+6.1 percent), Hawaii (+5.8 percent), Mississippi (+5.0 percent) and North Dakota (+4.5 percent).

The five states with the greatest depreciation including distress sales were: Idaho (-15.2 percent), Michigan (-13.2 percent), Arizona (-11.9 percent), Rhode Island (-11.6 percent) and Nevada (-11.4 percent).

The five states with the greatest depreciation excluding distressed sales were: Nevada (-10.3 percent), Idaho (-9.5 percent), Arizona (-6.0 percent), South Dakota (-5.9 percent) and Minnesota (-5.6 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation, home buyer tax credit

Sources:
CoreLogic

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

June 1, 2011 (Chris Moore)

For the first time since the end of the home buyer tax credit in mid-2010, home prices have increased on a month-over-month basis according to CoreLogic’s April Home Price Index (HPI). The 0.7 percent increase in home prices from March to April was a small victory for a housing market that has been battered by a flood of distressed properties.

The influence of those distressed properties over the past year continues to take its toll on housing prices. Including distressed property sales, home prices were 7.5 percent lower in April 2011 compared to April 2010, but by excluding distressed property sales, home prices would only be 0.5 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 33.8 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.9 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While the economic recovery is still fragile and one data point is not a trend, the month-over-month increase based on April sales activity is a positive sign. This is the first month-over-month increase in the HPI since government support for home buying was removed, and it provides reason for cautious optimism,” said Mark Fleming, chief economist for CoreLogic.
Ninety-two out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in April 2011, a slight increase from the 91 CBSAs showing year-over-year price declines in March 2011.

The five states with the highest appreciation including distressed sales were: North Dakota (+4.2 percent), Vermont (+3.4 percent), New York (+3.2 percent), The District of Columbia (+2.2 percent) and Mississippi (+1.4 percent).

The five states with the highest appreciation excluding distressed sales were: West Virginia (+8.4 percent), South Carolina (+6.1 percent), Hawaii (+5.8 percent), Mississippi (+5.0 percent) and North Dakota (+4.5 percent).

The five states with the greatest depreciation including distress sales were: Idaho (-15.2 percent), Michigan (-13.2 percent), Arizona (-11.9 percent), Rhode Island (-11.6 percent) and Nevada (-11.4 percent).

The five states with the greatest depreciation excluding distressed sales were: Nevada (-10.3 percent), Idaho (-9.5 percent), Arizona (-6.0 percent), South Dakota (-5.9 percent) and Minnesota (-5.6 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation, home buyer tax credit

Sources:
CoreLogic

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS