Home Prices

Home Prices & Mortgage Interest Rates Declines Result to Dramatic Housing Affordability

Buying a Home, Real Estate, Selling a Home / By

The combined decline in home prices and mortgage interest rates gives way to the dramatic improvement in housing affordability, this according to Fiserv Case-Shiller, a leading global technology provider serving the financial services industry. “Housing affordability has improved dramatically because of declines in both prices and mortgage interest rates,” David Stiff, chief economist at Fiserv, …

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U.S. Home Prices Down by 3.9% on a Year-Over-Year Basis

Buying a Home, Real Estate, Selling a Home, Short Sales / By

On a year-over-year basis, or October 2011 compared to October 2010, the U.S. national home prices, including distressed sales, fell by 3.9%, this according to CoreLogic, a leading provider of information, analytics and business services. Distressed sales, according to CoreLogic, include real estate owned (REO) transactions and short sales. For the month of October 2011, …

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