Decline in home prices to continue to 2011: Clear Capital

U.S. Home Prices Continue Slight Decline as West Region Drags Nation Down According to the Clear Capital(TM) HDI Market Report . While national home prices Have Appreciated 4.2% Since Early 2009.

For the year ended September 30, home prices nationwide rose by 4.9%, and the median price for existing homes jumped by almost $14,000, to $185,000, according to Clear Capital. foreclosures.

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Clear Capital has released its monthly Home Data Index (HDI) Market Report, with news of U.S. home price gains of 4.0 percent comparing the most recent rolling quarter to the previous one.

Clear Capital Home Data Index: National home price trends (Jan. 2006 – Dec. 2011 Forecast) National home prices in 2010 posted a -4.1 percent year-over-year price change, after a very turbulent year where prices increased 9.7 percent over a 21 week span (late march to mid August), only to be followed by a -9.4 percent price change over the following 19 weeks (September to December).

REO saturation rates well above 40 and 50 percent (Detroit, 58.0%; Cleveland, 44.3%; Columbus, 45.6%) pushed these markets to double-digit quarter-over-quarter home price declines. About the Clear.

Clear Capital’s latest release of its Home Data Index shows that U.S. home prices stopped declining in early January and have posted their first uptick since mid-August 2010."This recent national.

Over the last three months, home prices did decline 1.6% from the previous period. But at the start of 2011, Clear Capital said prices began "showing life." But at the start of 2011, Clear Capital.

That may be especially true in the West, where, according to Clear Capital, home prices in the region dropped. and credit score requirements to get the best loan terms. Home-price drops may.

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Clear Capital has reported a general uptick in home prices in 2011, with its most recent HDI report showing a slowing decline in home prices in the first weeks of 2011. The price changes of the nine markets that experienced improved quarterly results over last month continue to flatten with the average quarterly decline at less than 6% through.

Spread the lovePortland Home Prices Continue Steady Decline By Oregon Tax News Housing figures for the first half of this year are in, and the numbers aren’t good for the Portland Metro area. According Standard & Poor’s/Case-Shiller Home Price Indices, Portland’s home prices declined 9.2 in April 2011 compared to [.]