Mississippi Business Journal » home price

FNC index: Housing sees 13th consecutive price increase

MBJ Staff — Fri, 17 May 2013 13:04:25 +0000

OXFORD — The latest FNC Residential Price Index (RPI) shows the U.S. housing market continued to recover, recording in March the 13th consecutive price increase. In recent months, the ongoing housing recovery has maintained its pace with steady and persistent gains in home prices despite signs of continued job market weakness and soft economic growth, [...]

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FNC report: Housing market should continue to improve

MBJ Staff — Tue, 19 Feb 2013 13:01:21 +0000

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 [...]

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FNC index shows U.S. home prices still rising

MBJ Staff — Fri, 15 Feb 2013 14:50:13 +0000

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 [...]

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FNC index shows U.S. home prices still on the rise

MBJ Staff — Tue, 16 Oct 2012 17:23:14 +0000

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 [...]

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FNC: Appraisal Score makes history with patent

MBJ Staff — Wed, 26 Sep 2012 17:05:56 +0000

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 [...]

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FNC: U.S. home prices up year-over-year for first time since bust

MBJ Staff — Thu, 20 Sep 2012 18:14:14 +0000

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, [...]

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FNC index shows U.S. home prices continue to rise

MBJ Staff — Wed, 27 Jun 2012 11:52:03 +0000

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 [...]

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Report: Home prices were up in South Mississippi in May

Associated Press — Tue, 19 Jun 2012 13:58:44 +0000

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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