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National Association of Realtors Q4 2016 Metro Home Prices:

  • The median existing single-family home price increased in 81 percent of measured markets.
  • 34 areas (19 percent) recorded lower median prices than a year ago.
  • An average of 89 percent of measured metro areas saw increasing home prices in 2015.

Mortgage rates:

 

Home equity rates:

 

Yesterday’s most recent market news:

Quicken Loans’ Home Price Perception Index for January 2016:

  • Appraised values were, on average, 1.75 percent lower than homeowner expectations.
  • The gap between appraisal and homeowner estimates narrowed for the fifth month in a row.
  • Home values fell 0.42 percent month-over-month in January, but were up 3.37 percent year-over-year.

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CoreLogic’s December 2015 Foreclosure Report:

  • Completed foreclosures were down 22.6 percent year-over-year in December 2015.
  • Foreclosure inventory was down 23.8 percent year-over-year.
  • 1.1 percent of all homes with a mortgage were part of the foreclosure inventory.

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