Report shows optimism for real estate market; home prices up in one of every 4 markets

st-louis-realtor-dennis-norman-real-estate-marketToday, CoreLogic, a leading provider of real estate market information, released its March CoreLogic MarketPulse report which had a fairly optimistic outlook on the market including the fact that today 25 percent of all markets are experiencing increases in home prices which is in stark contrast to the height of the housing bust when 96 percent of all markets saw home prices fall.

Highlights of the report:

  • The real estate market is showing positive signs with upward trending sales activity and a healthy month’s supply of homes for sale.
  • The mortgage market is slowly growing on the strength of refinance activity that may fade over the coming year as interest rates rise, but may be replaced by increased home sales and resulting purchase loans.
  • Shows an improving housing market that is geographically diverse, ranging from markets that were not as hard hit by the housing market depression to some of those that were hardest hit. Improving home sales are a shared leading indicator of improvement in these markets, as they trigger other sales-related spending which improves the local economy (and stimulates even more home sales).The report provides the top 10 markets ranked by percent change in sales, home prices and delinquencies from a year ago.
  • Highlights the importance of uncongested foreclosure pipelines and the ability of a market to clear its distressed properties as critical to long-term improvement in home prices. The report indicates the Northeast is lagging behind other markets in recovery, in part due to congested foreclosure pipelines, and provides the most clogged foreclosure pipeline markets.
  • Provides a chart focusing on months’ supply for a low, medium and high ranking market from the CoreLogic top 100 Core-Based Statistical Area (CBSA) improvement rankings. The chart shows varying peaks in months’ supply and the different recovery rates for three cities, suggesting that the housing crisis had a different impact on each market.

Source: CoreLogic MarketPulse March 2012

Print Friendly, PDF & Email

27 comments to Report shows optimism for real estate market; home prices up in one of every 4 markets

  • … [Trackback]

    […] There you will find 28419 more Information to that Topic: […]

  • I’m truly enjoying the design and layout of your website. It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a developer to create your theme? Exceptional work!

  • Everything is very open and very clear explanation of issues. was truly information. Your website is very useful. Thanks for sharing.

  • … [Trackback]

    […] Here you can find 35245 additional Information to that Topic: […]

  • I always was concerned in this topic and stock still am, appreciate it for putting up.

  • An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  • Usually I do not learn post on blogs, but I wish to say that this write-up very forced me to check out and do it! Your writing taste has been surprised me. Thanks, very nice post.

  • I do like the manner in which you have presented this particular matter and it does give me personally a lot of fodder for thought. Nevertheless, from what precisely I have witnessed, I only wish as other feedback pack on that people today keep on point and don’t embark on a soap box regarding the news of the day. Still, thank you for this superb piece and while I do not agree with it in totality, I respect the viewpoint.

  • I very like this blog. Everything is cleared.

  • very nice publish, i actually love this web site, carry on it

  • I would like to thnkx for the efforts you have put in writing this blog. I am hoping the same high-grade blog post from you in the upcoming as well. In fact your creative writing abilities has inspired me to get my own blog now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  • … [Trackback]

    […] Here you can find 73835 additional Information on that Topic: […]

  • I believe you have observed some very interesting details, thanks for the post.

  • I carry on listening to the rumor talk about getting boundless online grant applications so I have been looking around for the best site to get one. Could you tell me please, where could i acquire some?

  • I got good info from your blog

  • Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your blog when you could be giving us something informative to read?

  • I like what you guys are up also. Such intelligent work and reporting! Keep up the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my site :).

  • F*ckin’ tremendous things here. I am very happy to look your post. Thank you so much and i am taking a look ahead to contact you. Will you please drop me a mail?

  • WONDERFUL Post.thanks for share..more wait .. …

  • This actually answered my problem, thanks!

  • Dead indited subject material, appreciate it for information .

  • I have been absent for some time, but now I remember why I used to love this website. Thank you, I will try and check back more frequently. How frequently you update your website?

  • WONDERFUL Post.thanks for share..more wait .. …

  • … [Trackback]

    […] Find More here on that Topic: […]

  • … [Trackback]

    […] Read More to that Topic: […]

  • … [Trackback]

    […] Information on that Topic: […]

  • … [Trackback]

    […] Find More here to that Topic: […]

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>