2nd Qtr 2017

2nd Quarter 2017
Neil Angelino's newsletter wrote
Home Prices Climb in Unseasonable Winter

It has been an unseasonably hot winter in housing as home prices hike higher,
according to Clear Capital's recently released Home Data Index (HDI) report,
showing national quarterly home price growth at 0.9 percent.

Regional quarterly price growth, per the report, was mixed:
0.7 percent in the Northeast, an increase; 0.8 percent in the Midwest,
a decrease; and 1.0 percent in the South and West, unchanged.
Home prices in 16 of the top 50 largest metropolitan areas
- which contain one-third of the nation's housing stock -
have moved past bubble-era peaks.
The result, according to Clear Capital Vice President of Research and Analytics
Alex Villacorta, is a majority-shift toward positive equity.

"Following several rounds of healthy, peak-season summer growth,
winter gains thus far this season have remained relatively
healthy across much of the country," says Villacorta. "