LoanRateNetwork
LoanRateNetwork
LoanRateNetwork
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
Home Prices Improve for Third Straight Month
Home Prices Improve for Third Straight Month
Home Prices Improve for Third Straight Month
Helpful
Tools
Mortgage
Calculator
Estimate your monthly payment for a home purchase or refinance
Auto Loan
Calculator
Determine how much car you can afford before buying
Learn About
Mortgage Loans
Learn about mortgage loans to find the one that's right for you
15 Year vs 30 Year
Loan Comparison
Compare payments between a 15 year and 30 year mortgage loan
Today's Mortgage
Rates
See today's current mortgage rates. Shop, compare and save.

August 3, 2011 (Chris Moore)

National home prices increased by a modest 0.8 percent from May to June according to CoreLogic’s June Home Price Index (HPI), marking the third consecutive month of gains for the HPI.

Home prices continued to be highly influenced by the large amount of distressed properties being sold as prices, including distressed sales, were 6.8 percent lower in June 2011 compared to June 2010, but when excluding distressed property sales, home prices are only 1.1 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 31.7 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.4 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While there is a consistent and sustained seasonal improvement in prices over the last three months, prices are lower than a year ago due to the decline in prices after the expiration of the tax credit last year. The difference between the overall HPI and our index excluding distressed sales indicates that the price declines are more concentrated in the distressed sales market,” said Mark Fleming, chief economist for CoreLogic.

Eighty-six out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in June 2011, which was a decrease from 91 reported in May 2011.

The five states with the highest year-over-year (YOY) appreciation including distressed sales were: New York (+3.3 percent), the District of Columbia (+2.4 percent), North Dakota (+1.2 percent), Alaska (+0.1 percent) and Nebraska (+0.1 percent). In May 2011, those states were: New York (+4.4 percent), Vermont (+3.9 percent), North Dakota (+3.8 percent), Hawaii (+2.5 percent) and the District of Columbia (+0.5 percent).

The five states with the greatest YOY depreciation including distressed sales were: Nevada (-12.4 percent), Idaho (-12.3 percent), Arizona (-12.3 percent), Illinois (-12.2 percent) and Minnesota (-9.6 percent). In May 2011, those states were: Idaho (-16.4 percent), Michigan (-12.9 percent), Arizona (-12.1 percent), Illinois (-11.8 percent) and Nevada (-11.6 percent).

The five states with the highest YOY appreciation excluding distressed sales were: North Dakota (+5.9 percent), New York (+4.6 percent), West Virginia (+3.6 percent), Texas (+2.8 percent) and Vermont (+2.6 percent). In May 2011, those states were: West Virginia (+10.1 percent), Hawaii (+9.0 percent), North Dakota (+8.6 percent), Vermont (+6.3 percent) and New York (+6.1 percent).

The five states with the greatest YOY depreciation excluding distressed sales were: Nevada (-9.9 percent), Arizona (-8.0 percent), Mississippi (-7.3 percent), Minnesota (-6.8 percent) and Delaware (-6.7 percent). In May 2011, those states were: Nevada (-9.8 percent), Idaho (-7.9 percent), Arizona (-7.0 percent), South Dakota (-6.1 percent) and Minnesota (-5.0 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation

Sources:
CoreLogic

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Information You Can Use
Helpful Tools
Mortgage
Calculator
Estimate your monthly mortgage payment
Auto Loan
Calculator
Determine how much car you can afford before buying
Learn About
Mortgage Loans
Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison
Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates
See today's mortgage rates. Shop, compare and save.

August 3, 2011 (Chris Moore)

National home prices increased by a modest 0.8 percent from May to June according to CoreLogic’s June Home Price Index (HPI), marking the third consecutive month of gains for the HPI.

Home prices continued to be highly influenced by the large amount of distressed properties being sold as prices, including distressed sales, were 6.8 percent lower in June 2011 compared to June 2010, but when excluding distressed property sales, home prices are only 1.1 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 31.7 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.4 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While there is a consistent and sustained seasonal improvement in prices over the last three months, prices are lower than a year ago due to the decline in prices after the expiration of the tax credit last year. The difference between the overall HPI and our index excluding distressed sales indicates that the price declines are more concentrated in the distressed sales market,” said Mark Fleming, chief economist for CoreLogic.

Eighty-six out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in June 2011, which was a decrease from 91 reported in May 2011.

The five states with the highest year-over-year (YOY) appreciation including distressed sales were: New York (+3.3 percent), the District of Columbia (+2.4 percent), North Dakota (+1.2 percent), Alaska (+0.1 percent) and Nebraska (+0.1 percent). In May 2011, those states were: New York (+4.4 percent), Vermont (+3.9 percent), North Dakota (+3.8 percent), Hawaii (+2.5 percent) and the District of Columbia (+0.5 percent).

The five states with the greatest YOY depreciation including distressed sales were: Nevada (-12.4 percent), Idaho (-12.3 percent), Arizona (-12.3 percent), Illinois (-12.2 percent) and Minnesota (-9.6 percent). In May 2011, those states were: Idaho (-16.4 percent), Michigan (-12.9 percent), Arizona (-12.1 percent), Illinois (-11.8 percent) and Nevada (-11.6 percent).

The five states with the highest YOY appreciation excluding distressed sales were: North Dakota (+5.9 percent), New York (+4.6 percent), West Virginia (+3.6 percent), Texas (+2.8 percent) and Vermont (+2.6 percent). In May 2011, those states were: West Virginia (+10.1 percent), Hawaii (+9.0 percent), North Dakota (+8.6 percent), Vermont (+6.3 percent) and New York (+6.1 percent).

The five states with the greatest YOY depreciation excluding distressed sales were: Nevada (-9.9 percent), Arizona (-8.0 percent), Mississippi (-7.3 percent), Minnesota (-6.8 percent) and Delaware (-6.7 percent). In May 2011, those states were: Nevada (-9.8 percent), Idaho (-7.9 percent), Arizona (-7.0 percent), South Dakota (-6.1 percent) and Minnesota (-5.0 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation

Sources:
CoreLogic

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Information You Can Use
Helpful Tools

August 3, 2011 (Chris Moore)

National home prices increased by a modest 0.8 percent from May to June according to CoreLogic’s June Home Price Index (HPI), marking the third consecutive month of gains for the HPI.

Home prices continued to be highly influenced by the large amount of distressed properties being sold as prices, including distressed sales, were 6.8 percent lower in June 2011 compared to June 2010, but when excluding distressed property sales, home prices are only 1.1 percent lower than they were a year earlier.

Compared to the market peak in April 2006, home prices have declined 31.7 percent when including distressed property sales and when excluding distressed property sales, home prices have dropped 21.4 percent since the market peak.

CoreLogic defines distressed property sales as short sales and real estate owned (REO) transactions.

“While there is a consistent and sustained seasonal improvement in prices over the last three months, prices are lower than a year ago due to the decline in prices after the expiration of the tax credit last year. The difference between the overall HPI and our index excluding distressed sales indicates that the price declines are more concentrated in the distressed sales market,” said Mark Fleming, chief economist for CoreLogic.

Eighty-six out of the top 100 Core Based Statistical Areas (CBSAs) experienced year over year price declines in June 2011, which was a decrease from 91 reported in May 2011.

The five states with the highest year-over-year (YOY) appreciation including distressed sales were: New York (+3.3 percent), the District of Columbia (+2.4 percent), North Dakota (+1.2 percent), Alaska (+0.1 percent) and Nebraska (+0.1 percent). In May 2011, those states were: New York (+4.4 percent), Vermont (+3.9 percent), North Dakota (+3.8 percent), Hawaii (+2.5 percent) and the District of Columbia (+0.5 percent).

The five states with the greatest YOY depreciation including distressed sales were: Nevada (-12.4 percent), Idaho (-12.3 percent), Arizona (-12.3 percent), Illinois (-12.2 percent) and Minnesota (-9.6 percent). In May 2011, those states were: Idaho (-16.4 percent), Michigan (-12.9 percent), Arizona (-12.1 percent), Illinois (-11.8 percent) and Nevada (-11.6 percent).

The five states with the highest YOY appreciation excluding distressed sales were: North Dakota (+5.9 percent), New York (+4.6 percent), West Virginia (+3.6 percent), Texas (+2.8 percent) and Vermont (+2.6 percent). In May 2011, those states were: West Virginia (+10.1 percent), Hawaii (+9.0 percent), North Dakota (+8.6 percent), Vermont (+6.3 percent) and New York (+6.1 percent).

The five states with the greatest YOY depreciation excluding distressed sales were: Nevada (-9.9 percent), Arizona (-8.0 percent), Mississippi (-7.3 percent), Minnesota (-6.8 percent) and Delaware (-6.7 percent). In May 2011, those states were: Nevada (-9.8 percent), Idaho (-7.9 percent), Arizona (-7.0 percent), South Dakota (-6.1 percent) and Minnesota (-5.0 percent).

Tags: CoreLogic, home prices, distressed property sales, appreciation, depreciation

Sources:
CoreLogic

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Information You Can Use

LoanRateNetwork

LoanRateNetwork is an independent marketing leads generator. We are not a loan broker or lender. LoanRateNetwork is an advertising supported publisher and loan rate comparison service that is compensated by third party affiliates for the information you provide to us through the featured placement of sponsored products and services or by clicking on links posted on this website. Not all companies or products are represented through this website. Usage of this site is only available to persons in the continental United States, Alaska and Hawaii.
Copyright 2010 - 2021 LoanRateNetwork.com | All Rights Reserved
The information contained in this website is for general information purposes only. We make no representations or warranties of any kind, expressed or implied, about the completeness, accuracy, or reliability of the information, products, or services contained on the website. Any reliance you place on such information is therefore strictly at your own risk.