REO Saturation Plays Key Role in Market Prices
admin2011-08-04T12:31:28-07:00August 4, 2011 (Jeff Alan) U.S. home prices increased by 4.1 percent in the latest rolling quarter according to Clear Capital’s Home Data Index (HDI), but the seasonal gains were not nearly enough to offset the declines recorded last winter as year-over-year prices are still down 7.9 percent as REO sales continue to apply downward [...]