You're Now Reading:
Phoenix Home Prices Post Fourth Month of Double Digit Increases
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Phoenix Home Prices Post Fourth Month of Double Digit Increases
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Phoenix Home Prices Post Fourth Month of Double Digit Increases
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

November 7, 2012 (Chris Moore)

Monthly and yearly home prices continued to improve according to the latest S&P/Case-Shiller Home Price Indices with Detroit posting the largest monthly increase while Phoenix posted the largest year-over-year gain. Home prices in Phoenix have recorded double-digit increases for the last four consecutive months.

Monthly average home prices for both the 10-City and the 20-City Composite posted a 0.9 percent gain from July to August. Detroit posted the largest monthly gain of 2.3 percent followed by both Atlanta and Phoenix with a 1.8 percent monthly increase. Seattle was the only area to post a monthly decline, falling a modest 0.1 percent.

Compared to August of last year, the 10-City Composite was up 1.3 percent while the 20-City Composite improved 2.0 percent. Phoenix was once again the only city to post a double digit gain over last year, improving by 18.8 percent. Detroit followed with an annual gain of 7.6 percent with Minneapolis close behind with a gain of 7.4 percent.

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
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.
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

November 7, 2012 (Chris Moore)

Monthly and yearly home prices continued to improve according to the latest S&P/Case-Shiller Home Price Indices with Detroit posting the largest monthly increase while Phoenix posted the largest year-over-year gain. Home prices in Phoenix have recorded double-digit increases for the last four consecutive months.

Monthly average home prices for both the 10-City and the 20-City Composite posted a 0.9 percent gain from July to August. Detroit posted the largest monthly gain of 2.3 percent followed by both Atlanta and Phoenix with a 1.8 percent monthly increase. Seattle was the only area to post a monthly decline, falling a modest 0.1 percent.

Compared to August of last year, the 10-City Composite was up 1.3 percent while the 20-City Composite improved 2.0 percent. Phoenix was once again the only city to post a double digit gain over last year, improving by 18.8 percent. Detroit followed with an annual gain of 7.6 percent with Minneapolis close behind with a gain of 7.4 percent.

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

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 LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
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.

November 7, 2012 (Chris Moore)

Monthly and yearly home prices continued to improve according to the latest S&P/Case-Shiller Home Price Indices with Detroit posting the largest monthly increase while Phoenix posted the largest year-over-year gain. Home prices in Phoenix have recorded double-digit increases for the last four consecutive months.

Monthly average home prices for both the 10-City and the 20-City Composite posted a 0.9 percent gain from July to August. Detroit posted the largest monthly gain of 2.3 percent followed by both Atlanta and Phoenix with a 1.8 percent monthly increase. Seattle was the only area to post a monthly decline, falling a modest 0.1 percent.

Compared to August of last year, the 10-City Composite was up 1.3 percent while the 20-City Composite improved 2.0 percent. Phoenix was once again the only city to post a double digit gain over last year, improving by 18.8 percent. Detroit followed with an annual gain of 7.6 percent with Minneapolis close behind with a gain of 7.4 percent.

Atlanta continued to have the largest annual decline with a 6.1 percent annual decline. New York and Chicago were the only other cities to see a decline, falling 2.3 and 1.6 percent, respectively.

Not accounting for inflation, average home prices across the United States are back at the same levels they were in the late summer and fall of 2003.

Index levels for both the 10-City and the 20-City Composites have declined almost 30 percent from their peak in June/July 2006

Three MSAs, Atlanta, Detroit and Las Vegas, continued to see average prices that are below their January 2000 levels.

Tags: S&P, Case-Shiller Home Price Indices, 10-City Composite, 20-City Composite, home prices

Source:
S&P

About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
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 MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
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.