Phoenix Home Prices Post Fourth Month of Double Digit Increases

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Phoenix Home Prices Post Fourth Month of Double Digit Increases

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

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Phoenix Home Prices Post Fourth Month of Double Digit Increases

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

Phoenix Home Prices Post Fourth Month of Double Digit Increases

November 7, 2012 (Chris Moore)

Monthly and yearly home prices continued to improve according to the latest S&P/Case-Shiller Home Price Indices with Detroit posting the largest monthly increase while Phoenix posted the largest year-over-year gain. Home prices in Phoenix have recorded double-digit increases for the last four consecutive months.

Monthly average home prices for both the 10-City and the 20-City Composite posted a 0.9 percent gain from July to August. Detroit posted the largest monthly gain of 2.3 percent followed by both Atlanta and Phoenix with a 1.8 percent monthly increase. Seattle was the only area to post a monthly decline, falling a modest 0.1 percent.

Compared to August of last year, the 10-City Composite was up 1.3 percent while the 20-City Composite improved 2.0 percent. Phoenix was once again the only city to post a double digit gain over last year, improving by 18.8 percent. Detroit followed with an annual gain of 7.6 percent with Minneapolis close behind with a gain of 7.4 percent.

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

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November 7, 2012 (Chris Moore)

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

HOME LOANS CAN BE CONFUSING

YOU'VE GOT QUESTIONS

WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?

DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?

WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?

WE MAKE IT SIMPLE

WE'VE GOT ANSWERS

CALCULATE YOUR MORTGAGE PAYMENT

BENEFITS OF REFINANCING YOUR MORTGAGE

ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN

INSIDER CAR BUYING TIPS

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.

BUYING VS LEASING

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.

DEALER OR BANK FINANCING

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 ON THE INTERNET

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.

AUTO LOAN CALCULATOR

Calculate how much you can afford

BUYING OR SELLING A HOME
IS A BIG DECISION

WE MAKE IT EASIER

HOME BUYING TIPS

HOME SELLING TIPS

SEARCH FOR A HOME

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

November 7, 2012 (Chris Moore)

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

HOME LOANS CAN BE CONFUSING

YOU'VE GOT QUESTIONS

WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?

DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?

WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?

WE MAKE IT SIMPLE

WE'VE GOT ANSWERS

CALCULATE YOUR MORTGAGE PAYMENT

BENEFITS OF REFINANCING YOUR MORTGAGE

ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN

THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.

INSIDER CAR BUYING TIPS

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.

BUYING VS LEASING

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.

DEALER OR BANK FINANCING

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 ON THE INTERNET

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.

AUTO LOAN CALCULATOR

Calculate how much you can afford

BUYING OR SELLING A HOME IS A BIG DECISION

WE MAKE IT EASIER

HOME BUYING TIPS

HOME SELLING TIPS

SEARCH FOR A HOME

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