by MBJ Staff Published: February 19,2013
Tags: foreclosure, home, home price, house, housing, mortgage, real estate, report, residence, residential
OXFORD — Though home foreclosures continue to be a challenge in many hard-hit markets, a report released by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul. According to FNC’s Foreclosure Market Report, foreclosure prices have bottomed out in recent months and the foreclosure market has stabilized while underlying [...] [...]
OXFORD — The latest FNC Residential Price Index (RPI) shows continuing momentum in the U.S. housing market with home prices rising to a two-year high in December. Despite an unexpected deceleration in economic growth, the ongoing housing recovery has maintained its pace with steady gains in home prices, sending the index up 5.4 percent year [...] [...]
by MBJ Staff Published: October 16,2012
Tags: home, home price, house, index, mortgage, real estate, residence, resident, residential, technology
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. property values continue to rise. Home prices reached a 20-month high following a “robust” spring/summer home-buying season, FNC reports. In August, home prices rose for the sixth consecutive month, consistent with signs of strengthening market conditions that are led by rising existing-home sales and declining [...] [...]
by MBJ Staff Published: September 26,2012
Tags: appraisal, appraise, COST, federal government, home, home price, homeowner, homeownership, house, mortgage, patent, real estate, residence, technology, value
OXFORD — FNC Inc.’s Appraisal Score has received a U.S. patent (U.S. Pat. No. 8,244,563), making it the first patented appraisal review tool, according to the technology company. “Critics of the American appraisal process say the process is broken and they’re looking to new government regulations to fix the problem. But we’ve already developed the [...] [...]
by MBJ Staff Published: September 20,2012
Tags: economy, home, home price, homeownership, house, index, real estate, report, residence, residential, residential real estate
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. residential property values continue to climb, capturing a fifth consecutive monthly gain as the result of rising demand. More notably the index shows that for the first time since the housing market collapsed in 2007, home prices are beginning to recover on a year-over-year basis, [...] [...]
by MBJ Staff Published: June 27,2012
Tags: economy, home, home price, home value, homeowner, house, property, real estate, residence, resident
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values are up for the second month in April — evidence that home prices are strengthening as rising demand and limited inventory continue to characterize many U.S. markets. Nationwide, April home prices — based on recorded sales transactions in the 100 largest [...] [...]
MISSISSIPPI GULF COAST — The average sales price of a home in South Mississippi rose again in May to the highest level of the year. The price increased to $122,293. That’s according to a report from the Mississippi Gulf Coast Multiple Listing Service. That was just $1,000 shy of the average price a year ago [...] [...]
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