YTD Market Statistics: (through February 28th, 2013)
Information and Real Estate Services and Metrolist. All reported sales were not necessarily listed or
sold by Four Star Realty and
Property Management, Inc. and are intended only to show trends in the area.
|S&P/Case-Shiller Home Price Indices: Home Prices Closed Out a Strong 2012
Data through December 2012, released On February 26th by S&P Dow Jones Indices for
its S&P/Case-Shiller1 Home Price Indices (one of the leading measures of U.S. home prices)
showed that all three headline composites ended the year with strong gains.
The national composite posted an increase of 7.3% for 2012. The 10-and 20-City
Composites reported annual returns of 5.9% and 6.8% in 2012.
over their levels of a year ago. Month-over-month, 9 cities and both Composites
posted positive monthly gains. Seasonally adjusted, there were no monthly declines
across all 20 cities.
since the start of their indices in January 1991. Dallas, Denver, and Minneapolis recorded
their largest annual increases since 2001. Phoenix continued its climb, posting an
impressive year-over-year return of 23.0%; it posted eight consecutive months
of double-digit annual growth.”
Examples and are based on market conditions as of February 26th, 2013. Local rates include 1 point paid to Lender. This is not a guarantee of any kind. Interest Rates are subject to daily change based on market conditions and a variety of specific qualifications for borrowers.
Home buying, refinancing up sharply BOULDER – Home-refinancing and home-buying activity increased 27.2 percent in Boulder County in 2012 compared with 2011, according to new deed-of-trust statistics from the Colorado Division of Housing. Read More
Foreclosures fall to pre-recession level DENVER – Colorado’s foreclosure rate has returned to pre-recession levels, according to a report released Tuesday by the Colorado Division of Housing. In 2012, 28,579 foreclosures were started and 15,903 were completed across the state. That’s the fewest since 2006 and 2005, respectively, the report said Read More
‘Seller’s Market’ Developing As Housing Inventory Hits A 13-Year Low Most striking however is the fact that inventory has contracted to its lowest level since December 1999, more than 13 years ago. The number of available homes, which is not seasonally adjusted, fell 4.9% from December and is 25.3% lower than a year ago.Read More
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