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Home price index this morning at lowest level since May 2003

Radar Logic is a company that publishes a home price index (the RPX Index) that is based upon the price per foot homes are selling for,versus actual sale prices of homes. RPX publishes a daily RPX Composite price index for 25 major metropolitan areas in the U.S. based upon this square foot methodology and [...]

Is the housing market headed toward a ‘double-dip’?

Dennis Norman

Just as we are talking more about home prices “stabilizing”there is yet another cause for concern as to just where the market is headed. Last week Celia Chen,senior director of the Moody’s Economy.com research staff,issued a report stating that the odds of a near-term “double-dip recession”have increased from [...]

Federal Government Is Largest Owner of Foreclosed Properties;Over 200,000 and Growing

Dennis Norman

According to a report issued by Radar Logic Incorporated government-sponsored enterprises (GSEs) and Federal agencies involved in housing finance currently have an inventory of over 200,000 repossessed homes.  Being the largest owner of foreclosed homes in the U.S. gives the government a lot of power and influence over the housing market for [...]

House prices increase in June;House price increase from April to June largest in nine years

Dennis Norman

By:Dennis Norman

Investors,get those check books ready,maybe it’s time to buy again?  Adding to the list of recent positive reports on the housing market and home prices is the Housing Market Report that was issued this morning by Radarlogic.  According to the report home prices increased in June from the previous [...]

Milwaukee…the beers not the best but the home values are!

By:Dennis Norman

Just in case you haven’t heard enough about real values median prices and the like I have another housing report to talk about.  Yesterday Radar Logic published it’s report on October home prices for 25 metropolitan areas.  Radar Logic has only been publishing this housing report since 2000 so they are a fairly newcomer [...]