Monthly Archives: May 2018

Home Prices Rise at Fastest Pace in 5 Years

The housing industry’s bell-weather index, The Case-Shiller Home Price Index was released today and it showed a year-over-year gain of 6.79% in their key 20 Metro City Composite Index, which is the fastest appreciation rate since 2014. Broadening out from the 20-City composite, the national home-price gauge climbed 6.5% YoY, matching FebruaryYs YoY advance that […]

Mortgage Delinquencies Fall to 12 Month Low

In yet another sign of the seemingly ever-strengthening housing market, homeowners are keeping current on their mortgage payments as mortgage delinquencies fall to a 12 month low. This is key because delinquencies can turn in to foreclosures which can disrupt the housing market with “zombie” inventories or below market-price liquidations. According to a recently published […]