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Jul 25

Home Values Rise 0.8% In May 2012

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...]

Oct 05

Home Values Rose For the 4th Straight Month

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 value … [Read more...]