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Tag Archives: home prices

FNC: Home prices fell, but not as far as expected

OXFORD — FNC announced that U.S. home prices weakened only slightly in February, a better-than-expected price seasonality. Based on the latest data on non-distressed home sales (existing and new homes), FNC’s Residential Price Index (RPI) indicated that home prices in February declined 0.7 percent from January, or 5.3 percent, from a year ago. Contrary to expectations of relatively rapid price ...

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Absent distress sales, Jackson home prices would show rise

Metro Jackson foreclosure rates are up and home prices are down, though one tracker of the relationship between foreclosures and home prices says that price declines in Jackson and nationwide are mostly occurring in the distressed segment of the market. California real estate research firm CoreLogic reports foreclosures in the Jackson area increased 0.48 percentage points in January compared to ...

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FNC index: Home prices continue to fall

OXFORD — Despite recent upbeat data on new and existing home sales, U.S. home prices continued to decline in December due in part to increased sales of foreclosed properties, according to the FNC Residential Price Index (RPI). RPI is a product of Oxford-based FNC Inc. Driven in part by rising sales of distressed properties and higher foreclosure-sales discounts, home prices ...

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Survey finds further decline in home prices statewide

Metro Jackson housing prices declined more steeply in December than in November, reports CoreLogic HPI, a Santa Ana, Calif., research and analytics firm. Statewide, single-family home prices fell in December 3.36% compared to the same month in 2009, the researchers reported. Jackson, home prices, including distressed sales, declined by 2.98 percent in December compared to December 2009 and declined by ...

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Index: State's home prices still plunging

ACROSS MISSISSIPPI — CoreLogic has released its November Home Price Index (HPI), which shows that home prices in the U.S. declined for the fourth month in a row. And Mississippi is near the top of the ranking. According to the CoreLogic HPI, national home prices, including distressed sales, declined by 5.07 percent in Nov. 2010 compared to Nov. 2009 and ...

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Home prices continue to rise

Home prices rose for the seventh straight month in December, a sign of price stability as the U.S. housing market continues its bumpy road to recovery. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday rose 0.3 percent from November to December, to a seasonally adjusted reading of 145.87. The index was off 3.1 percent from December last year, ...

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Home prices continue to rise

MIAMI – Home prices rose for the sixth straight month in November, with 14 of 20 metro areas posting improvements from the month before. The Standard & Poor’s/Case-Shiller home price index released today inched up 0.2 percent to a seasonally adjusted reading of 145.49. The index was off 5.3 percent from November last year, nearly matching analyst’s estimates that it ...

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