DS News Webcast: Wednesday 2/12/2014

first_img Previous: Yellen Faces Grilling in First Hearing as Fed Chair Next: San Francisco One of the Most Expensive Housing Markets The Best Markets For Residential Property Investors 2 days ago About Author: DSNews Governmental Measures Target Expanded Access to Affordable Housing 2 days ago February 12, 2014 553 Views Demand Propels Home Prices Upward 2 days ago Home / Featured / DS News Webcast: Wednesday 2/12/2014 Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post DS News Webcast: Wednesday 2/12/2014 Is Rise in Forbearance Volume Cause for Concern? 2 days ago Demand Propels Home Prices Upward 2 days ago The National Association of Realtors released its latest quarterly home price report Tuesday, showing prices were up last quarter in 73% of measured markets compared to the year prior. While still strong, that number is down from 88% of markets in the third quarter, reflecting the late-year slowdown in housing.According to the group, the national median existing single-family home price last quarter was just under $197,000, up a little more than 10% from the year-ago quarter. 119 out of 164 markets posted yearly growth; out of those, 42 saw double-digit increases.While positive for homeowners, last quarter’s continued rise in prices brought down affordability for buyers. The NAR’s Housing Affordability Index, also released Tuesday, declined in Q4 to a reading of 175.8 from 2012’s record high of 196.5. The association’s chief economist, Lawrence Yun, said he expects rising supply to help stem the erosion in affordability, though rising mortgage rates may present a problem.center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Featured, Media, Webcasts Related Articles 2014-02-12 DSNews The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Sign up for DS News Daily Share Savelast_img

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