The S&P Case-Shiller Home Price national index recorded a 16.6% decline in the third quarter compared with the same period a year ago. That eclipsed the previous record of 15.1% set during the.
The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.5% compared to a year ago in March. The 20-city index rose a seasonally adjusted 0.5% and was 6.8%.
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The S&P/Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, recorded a slightly higher year-over-year gain with a 5.2% annual increase in October 2015 versus a 4.9% increase in September 2015. The 10-city composite increased 5.1% in the year to October compared to 4.9% previously.
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Laurie Goodman – Affordability Issues in Housing "I look every day for houses, but there’s nothing on the market that’s affordable. I wanted to live closer. can create significant barriers to downsizing, says Laurie Goodman, vice president of.New GSE appraisal database to tighten scrutiny on mortgage lenders Moody’s: Home Loan Servicing Solutions sale bolsters Ocwen’s future Ocwen Donates $200K to Foreclosure Prevention Commonly Used Foreclosure Forms On this page you can find forms that you might need to handle your own foreclosure case. For more detailed information, see Can I Save My Home from Foreclosure? and Home Mortgage Foreclosures. · The mortgage giants Freddie Mac and Fannie Mae, which own or guarantee nearly half of all mortgages, are trying to stem that tide. Last week, they said they would pay more to the mortgage servicing companies that they hire to modify delinquent loans and avoid foreclosures.New homes sales tumble 11.4% in March Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South. US new-home sales slump 11.4 percent in March as sales tumble in.
A jump in the national S&P/Case-Shiller Home Price Index suggests that the very steep price drops of the past few years may be over. That is the first quarter-over-quarter improvement in three years. Prices in the national index are down 14.9% compared with the second quarter of 2008, the report said. But that is better than the record 19.1% decline that was set in the first three months of 2009.
According to the February 2011 S&P/Case-Shiller Home Price Index, single-family home prices in the San Francisco MSA fell 2.6% from January ’11 to February ’11, down 40.5% from a peak in May 2006 and down 3.5% on a year-over-year (YOY) basis, a steady slide from the 18.3% gain reported last May and the third consecutive month of year-over.
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Robert Shiller, the Yale professor who started the index along with Karl Case of Wellesley, said this month that "there’s a substantial risk of home prices falling another 15%, 20% or 25. (see. The further declines in house prices. may have induced some to pay up to beat the deadline and to favor higher priced "traditional" house sales over.