Archives: January 2015

Market Update: Home prices continue yearly gains

According to the Case-Shiller 20-City Home Price Index for November, home prices fell 0.2 percent month-over-month, but rose 4.3 percent year-over-year. Quicken Loans Vice President Bill Banfield offers the following comments on the report: “Home prices continue to show modest increases on a year over year basis. This is encouraging [...]

Market Update: Housing starts rise 4.4% in December

This morning’s housing starts report showed a 4.4 percent increase in new home construction and permits for single-family homes rose 4.5 percent. Quicken Loans Vice President Bill Banfield offers the following comment on the report. “2014 ended on a high note for home builders, with construction on new homes rising [...]

The Second Half of 2014 Saw the Opinions of Home Values between Homeowners and Home Appraisers Narrow

Home values moved lower in December, the first loss in 10 months.