GET YOUR NEW HOME WHILE YOU CAN!

A recent release of a Home Data Index (HDI) Market Report, which last month took the lead in reporting the first U.S. home price gains in more than three years.

Key highlights for June 26 - July 25 include:

National / Four Region Overview: National quarter-over-quarter gains improve to 5 percent, with the Midwest (11.2%), South (5.3%), Northeast (2.4%), and West (1.1%) regions all posting gains.
Metropolitan Statistical Area (MSA) drilldown: Continued high real estate owned (REO) saturation levels add to market volatility.

“While we see yet more improvements in the quarterly price trends, REO activity remains very high.” said Kevin Marshall, President of Clear Capital. “The summer season, combined with increased opportunity for investors and home buyers, helped the most severely impacted markets ease the home price slides experienced this past winter.”

The National quarterly price gain grew to 5.0 percent this month (up from July’s 1.7 percent increase), reflecting a wide-reaching improvement in price declines across all four U.S. regions.