Wednesday, March 07, 2012
Clear Capital® Reports U.S. Home Prices Stable but Sliding - Fighting Increased REO
Year-over-year losses are at lowest levels since April 2011, quarterly prices virtually unchanged
Year-over-year home prices for the nation are down, with quarter-over-quarter prices remaining very stable.
All regions showed improvements in quarterly and yearly prices, while three out of four saw upticks in REO saturation.
Top 15 MSAs resilient against notably higher REO saturation, and showing higher average gains than last month.
All of the lowest performing MSAs saw quarter-over-quarter losses, but softer than in February. http://www.blogger.com/img/blank.gif
Read the complete report at Clear Capital