Tag Archives: Home Prices

Bubble, Bubble, Toil and Trouble…

Some experts now suggest the bubble is over. Is it finally a good time to buy a home? The perennial question has gained salience in this troubled economy. The answer depends, of course, on one’s view of home prices. Have they bottomed, or will they fall further? Continue reading

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Home Prices Rose Modestly in Second Quarter 2010

Broadly, across the country, home prices improved modestly in the Second Quarter of 2010. This was true against both the previous quarter, and against the same quarter a year ago. So stated the S&P/Case Shiller Home Price Index, in its latest, June report. Continue reading

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Boston-Area Home Sales, in July, Fell Faster Than Nation’s

For July, existing-home sales in the Boston area plunged 39.2% from the previous month, far exceeding the record 27.2% drop reported nationally by the National Association of Realtors. The cause of the disparity was not immediately apparent. For the year, July sales were down 29.0% in the Boston area, but that was consistent with the Northeast region as a whole. Continue reading

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Did the Tax Credit Push Home Prices Down?

The tax credit certainly worked as intended to bolster home sales. Existing and new home sales, inventories and housing starts all showed big improvements in March and April — all the categories, that is, except home prices, which continued their month-to-month decline in most of the country. Continue reading

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Will Rising Mortgage Rates Further Dampen Home Prices?

The question has been raised by some bloggers as to whether rising mortgage rates, widely predicted, could further dampen home prices. The argument is that rising rates would shrink the pool of eligible buyers, thus weakening demand for homes. Continue reading

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Is This A Good Time to Buy a House?   Part 1:  Home Prices

Left:  Four S&P/Case-Shiller Home Price Indices — Percent Change From a Year Ago Right:  Two S&P/Case-Shiller Home Price Indices — Index History by Month The Mortgage Bankers Association released data this week suggesting that the national tide of foreclosures may … Continue reading

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July Home Prices Declined More Slowly, Continuing Trend

Home price declines across the country continued to show a moderating trend in July, according to the latest release of the S&P/Case-Shiller Home Price Index. This marks approximately six months of improved readings in these statistics, beginning in early 2009. Continue reading

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