home-prices

Home Prices Hit Lowest Levels Since '06
If you're waiting for home prices to start going up before you sell your house, feel free to keep waiting. As of December, house prices were still slipping, reaching their lowest levels in five years according to one index. More »

Report: Home Prices Dropped Steeply Across The Country
Home prices continued to drop in November, according to the latest report that covers 20 cities across the country in its index. Out of those 20, 19 saw a decline, resulting in a 1.3% dip from the previous month in the index score. More »

More Homeowners Sunk Underwater In Third Quarter
Overwhelmed homeowners looking for a life raft splashed around to no avail in the third quarter, but they did receive more company. According to Zillow, the amount of underwater homeowners — those who owed more than their home was worth — rose to 28.6 percent from 26.8 percent in the second quarter. More »

Triple Dip Predicted For Home Prices
Home prices are headed for yet a third bottom, their lowest yet, says a new report by financial analytics company Fiserv. More »

Economist: 2011 Will Be Worst Year So Far For New Home Sales
As nearly each month passes, home sales get slower and slower. New home sales in August declined 2.3 percent from July. The numbers were up 6.1 percent from August 2010, which isn't saying much considering that was the 48-year low for the housing market. More »

Here's What The .7% Rise In Home Prices Rise Actually Looks Like
As we noted this morning, there is a small respite from the recent glut of melancholic economic news: home prices inched upwards. Yep, on Tuesday, the widely-watched Standard & Poor's/Case-Shiller index posted a rise of .7% for April. Let's put that in context with this chart. No, that's not just an ink smudge. More »

28.4% Of All Homes Are Underwater
A new report by Zillow says that 28.4% of all single-family houses in America with mortgages are underwater. No, we're not talking about flooding in the south, but homes that owe more on their mortgage than they are worth. It's even worse in places where the bubble was the biggest. In Tampa, FL, 59.8% of homes have negative equity and in Phoenix, AZ, it's 68.4%. Declines in home values are still happening and Zillow doesn't see a bottom happening until 2012, at the earliest. More »

U.S. Homes Now At Pre-Bubble Affordability Level
A new study says that housing prices in the U.S. have finally gone back to a level of affordability that we haven't seen since before the rapid price inflation of the mid-2000s housing boom. More »

U.S. Home Values Set To Plummet By $1.7 Trillion This Year
Property valuation site Zillow says that signs of stability in the housing market are vaporizing, and U.S. home values are poised to drop another $1.7 trillion this year. More »

U.S. National Home Price Index Dropping Like A Rock S&P/Case-Shiller U.S. National Home Price, released today, shows a record plummet of 18.2%. "...home prices are at their lowest level since the third quarter of 2003." [CR]  More »

The Case-Shiller home prices index, which tracks US home prices, fell a record-breaking 16.6% from last year in 20 metropolitan areas. [Forbes]  More »