Monthly Archives: October 2009
FHFA Monthly House Price Index
From the Federal Housing Finance Agency website: WASHINGTON, DC – U.S. home prices fell 0.3 percent on a seasonally-adjusted basisfrom July to August, according to the Federal Housing Finance Agency’s monthly HousePrice Index. The previously reported 0.3 percent increase in July was unrevised. For the 12 months ending in August, U.S. prices fell 3.6 percent.... Read More
Ideal market for new investors
In the current market, investment properties are a better option than ever. Courtesy of Reuters News Service: U.S. property investors these days are smaller and say they are more willing to wait it out — a stark contrast from the fervent flipping and reckless borrowing that characterized housing investment a few years ago. Wall Street... Read More