Category Archives: Plainfield Real Estate

Case-Shiller Index Shows Near 6% Home Price Gain

Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.

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Foreclosures Remain Concentrated In Just A Few States

According to foreclosure data firm RealtyTrac, foreclosure activity increased 1 percent in August as compared to the month prior, climbing to just above 193,500 units nationwide.

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What’s Ahead For Mortgage Rates This Week : September 4, 2012

Mortgage markets improved last week for the second consecutive week.

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New Home Sales Reach Multi-Year High

As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis.

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Government : Home Prices Up 3.0% In Last 12 Months Nationwide

According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter.

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Existing Home Sales Rise To 4.47 Million

Home resales climbed 2% last month as the housing market continues its slow, steady recovery.

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Single-Family Housing Starts Remain Strong

Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.

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