Home values post first annual increase in nearly five years

By
Real Estate Broker/Owner BRE# 01353757
http://actvra.in/GbF

Here is an interesting report worth a few minutes of your time:

 

 

Zillow

Home values post first annual increase in nearly five years
The Zillow Home Value Index rose in the second quarter on an annual basis for the first time since 2007, increasing 0.2 percent year-over-year to $149,300, according to Zillow's Real Estate Market Reports. Values have risen for four consecutive months.

Nearly one-third of the metro areas covered by the Real Estate Market Reports posted annual increases in home values. 

Looking ahead, two in five markets covered by the Zillow Home Value Forecast are expected to see increases in home values over the next year

Foreclosures continued to fall in June, with 5.8 out of every 10,000 homes lost to foreclosure. Foreclosures have been declining since January, when 7.9 out of every 10,000 homes were lost to foreclosure. This number is expected to increase in the future, as foreclosure starts have increased since the completion of the National Foreclosure Settlement.

Foreclosure resales also fell, making up 15.6 percent of all sales in June. Foreclosure resales have been falling since February, when they made up 18.8 percent of all sales…

 

More info

 


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Broker, Agent, or/and MLS provider does not guarantee the accuracy of: 1- the reports, charts, articles, and also the information from links to other websites. 2- Square footage, lot size or other information regarding the conditions or features of properties provided by the seller or obtained from Public Records or other sources as presented in this website. Many articles may be time and date sensitive so please always look at the date posted. Consult your tax advisor, financial planner, attorney, or/and appropriate professionals concerning your personal specifics. Interested parties are advised to independently verify the accuracy.                                                            

                                                          Frank Moham  DRE LIC. #01353757

 

 

 

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Frank Farahbakhsh Moham

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