FNC index shows U.S. home prices fell in January
by MBJ Staff Published: March 30,2012
Tags: foreclosures, homes, houses, mortgages, property values, real estate, residences
OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. [...] [...]
