Market Update: Home Prices Continue to Cool in October
This morning’s Case-Shiller Home Price Index for October reported that home prices dropped 0.1 percent month-over-month, and rose 4.6 percent year-over-year. Quicken Loans vice president Bill Banfield offers his comments on the report.
Housing starts fall 1.6% in November
This morning’s housing starts report showed a 1.6 percent decrease in new home construction and permits for single-family homes fell 1.2 percent. Quicken Loans Vice President Bill Banfield offers the following comment on the report. “The November Housing Starts were better than the headlines suggest. Four out of the last [...]
Quicken Loans HPPI Shows Gap Narrowing Between Appraiser and Homeowner Opinions of Home Values
National Home Price Perception Index reports a 1.56 percent gap between appraiser and homeowner opinions, Home Value Index reports 0.27 percent value increase.