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Sep 26

Home Price Index Shows Values Rising 3.7% From One Year Ago

September 26, 2012 By Leave a Comment
Home Price Index Shows Values Rising

Tuesday, the Federal Home Finance Agency's Home Price Index (HPI) showed home values rising 0.2% on a seasonally-adjusted basis between June and July 2012, and moving +3.7% on an annual basis. Home values have not dropped month-to-month since January of this year -- a span of 6 months. For today's home buyers and sellers throughout DC , though, it's important to recognize on what the HPI is actually reporting. Or, stated differently, on what the HPI is not reporting. The Home Price … [Read more...]

Filed Under: Buying Real Estate in Washington, DC Tagged With: , , , , , , , , , ,
Aug 28

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

August 28, 2012 By Leave a Comment
Home Prices Up 3.0% In Last 12 Months Nationwide

  The housing market recovery appears to be sustainable. According to the Federal Housing 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. The FHFA's Home Price Index measures home price changes through successive home sales for homes whose mortgages are backed by Fannie Mae or Freddie Mac, and for … [Read more...]

Filed Under: Selling Real Estate in Washington, DC Tagged With: , , , , , , , ,
Jul 25

Home Values Rise 0.8% In May 2012

July 25, 2012 By Leave a Comment
Home Price Index - Washington, DC

The housing market's bottom is 9 months behind us. Home values continue to climb nationwide. According to the Federal Home Finance Agency's Home Price Index, home values rose 0.8% in May on a monthly, seasonally-adjusted basis. May's reading marks the sixth time in seven months that home values rose. Values are now higher by 4 percent since the market's October 2011 bottom. As a DC home buyer or seller, though, it's important to understand what the Home Price Index measures. Or, more … [Read more...]

Filed Under: Selling Real Estate in Washington, DC Tagged With: , , , , , , , , , , ,
May 02

Home Values Start The Year Strong

May 2, 2012 By Leave a Comment
DC Home Values Start Year Strong

Home prices started the year on an upswing. According to the Federal Home Finance Agency's Home Price Index, home prices rose by a seasonally-adjusted 0.3 percent between January and February 2012. The index is up 0.4% over the past year, offering a counter-story to the Case-Shiller Index's assertion that home values are sinking. Last week, Standard & Poor's Case-Shiller Index said home values had dropped more than 3 percent in the prior 12 months. As a home buyer or seller in … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , , , , , , , ,
Oct 05

Home Values Rose For the 4th Straight Month

October 5, 2011 By Leave a Comment
HOMEPRICEINDEX

The government is confirming what the private sector has already shown --  home values are on the rise. The Federal Home Finance Agency's Home Price Index shows home values rose 0.8% in July. July marks the fourth straight month that home values climbed and the FHFA's Home Price Index is the latest in a series of "rising home values" reports -- an encouraging trend for buyers and sellers in District of Columbia and nationwide. Last week, the S&P Case-Shiller Index showed home … [Read more...]

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Jul 22

Home Prices Rise For The 2nd Straight Month

July 22, 2011 By Leave a Comment

A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May. It's the HPI's second straight increase, and puts the monthly index at its highest point since January 2011. As a home seller in DC , you may appreciate news such as "rising home prices", but it's important to remember that the Home Price Index has a several built-in flaws -- the … [Read more...]

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May 06

Foreclosures And Short Sales Distorting “Home Price Trackers”

May 6, 2011 By Leave a Comment

In an echo of February's Case-Shiller Index report, the government's own home price-tracker -- the Home Price Index -- showed home values slipping between January and February 2011. The Federal Home Finance Agency data had home values down 1.6 percent nationwide in February, on average, marking the fourth straight month in which prices fell. Furthermore, all 9 regions posted losses from the month prior: Mountain Region : -3.7% from January East South Central : -0.6% from … [Read more...]

Filed Under: Buying Real Estate in Washington, DC, Selling Real Estate in Washington, DC Tagged With: , ,
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