00:00 00:00

Coronavirus (COVID-19) CAN WE STOP IT? NO! The Housing Hour
Moore’s Law- The Doubling of Technology The Housing Hour
Coronavirus Discussion With Dr. Simpson The Housing Hour
The Tax Cat Explains Cryptocurrency The Housing Hour

Air Date 6/8/13: Chief Economist, CoreLogic Case-Shiller

The Housing Hour June 8, 2013

Special Guest: Dr. David Stiff, Chief Economist, CoreLogic Case-Shiller

Home Prices Rise by 12.1 Percent Year Over Year in April

Chief Economist, CoreLogic Case-Shiller, Dr. David Stiff – CoreLogic, joins us in studio to talk about the state of the economy and its effects on housing and prices. Dr. Stiff is the chief economist for CoreLogic’s nationally known Case-Shiller Home Price Index.

Home Prices Rise by 12.1 Percent Year Over Year in April!

CoreLogic, a leading residential property information, analytics and services provider, today released its April CoreLogic HPI™ report. Home prices nationwide, including distressed sales, increased 12.1 percent on a year-over-year basis in April 2013 compared to April 2012. This change represents the biggest year-over-year increase since February 2006 and the 14th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 3.2 percent in April 2013 compared to March 2013.

Highlights as of April 2013: Full Report click: News Release

Including distressed sales, the five states with the highest home price appreciation were: Nevada (+24.6 percent), California (+19.4 percent), Arizona (+17.3 percent), Hawaii (+17 percent) and Oregon (+15.5 percent).
Including distressed sales, this month only two states posted home price depreciation: Mississippi (-1.7) and Alabama (-1.6 percent).
Excluding distressed sales, the five states with the highest home price appreciation were: Nevada (+22.6 percent), California (+18.3 percent), Idaho (+16.4 percent), Arizona (+15.3 percent) and Washington (+13.9 percent).
Excluding distressed sales, no states posted home price depreciation in April.
Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to April 2013) was -22.4 percent. Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -16.3 percent.
The five states with the largest peak-to-current declines, including distressed transactions, were Nevada (-47.3 percent), Florida (-40.5 percent), Michigan (-36.1 percent), Arizona (-36 percent) and Rhode Island (-34.7 percent).
Of the top 100 Core Based Statistical Areas (CBSAs) measured by population, 94 were showing year-over-year increases in April, the same as in March 2013.

Full-month April 2013 national data can be found at http://www.corelogic.com/HPIApril2013

Tagged as: Knoxville Housing Market, Knoxville Mortgages, Mortgage Investors Group, Knoxville housing, first-time homebuyers, MIG, home sales, home prices, home loans knoxville, home loans oak ridge, home loans memphis, home loans nashville, home loans lenoir city, home loans crossville, home loans cookeville, home loans johnson city, home loans kingsport, home loans chattanooga, Oak ridge mortgages, memphis mortgages, kingsport mortgages, cookeville mortgages, lenior city mortgages, Nashville mortgages, Chattanooga mortgages, Johnson city mortgages, Crossville mortgages, Lenoir city mortgages, Knox Homes Magazine, fnma, freddie mac, freddie, Government-sponsored enterprise, federal government, emergency planning, Fannie mae, mortgage lending, mortgage lending history, knoxville home prices up, Chief Economist Dr. David Stiff, dr. stiff, CoreLogic, Case-Shiller home Price index, Case-Shiller, april home price index.

Author

The Housing Hour

Economic reports strengthening economy!

The Housing Hour May 29, 2013

Things are humming in regards to news from the economic front. Consider this good news: Jobless claims decreased Jobs are increasing New home sales posted gains Existing home sales rise […]