1 Articles match "Conforming Loans","Dallas","Single-Family"
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Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 Due to the nature of the data it collects, the OFHEO’s index tracks prices paid for homes financed using conventional and conforming loans, not subprime, Alt-A or any other “exotic” loan product. “On percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 Due to the nature of the data it collects, the OFHEO’s index tracks prices paid for homes financed using conventional and conforming loans, not subprime, Alt-A or any other “exotic” loan product. “On percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings).
www.foreclosurepulse.com
- Tuesday, December 16, 2008
