WASHINGTON – Feb. 26, 2010 – A government index shows home prices fell slightly in the fourth quarter of last year from the previous quarter, but remained stable. The Federal Housing Finance Agency said Thursday that prices, adjusted for seasonal factors, inched downward 0.1 percent in the October-December quarter. The index was 1.2 percent below last year’s levels. The government index is based on loans owned or guaranteed by mortgage finance companies Fannie Mae and Freddie Mac. It declined less than other housing market measurements during the housing bust because it excludes the most expensive homes and some of the riskier mortgages that fell into foreclosure.
Copyright © 2010 The Associated Press.
Why Get An Inspection? | Title Information | Contact Eddie | Curb Appeal List | Setting the Sales Price | Tax Closing Costs | Insurance Closing Costs | Getting the Highest Price | Free Home Valuation | Your FICO Score | How Escrow Works | Helpful Links | Glosario Hipotecario | Glosario de Bienes Raíces | Maps | Testimonials | Property Search | Office Listings | Brickell Condos | Brickell Rentals | Coconut Grove Homes | Closing Costs | Get Pre-qualified | Inspection Tips | Download Adobe Acrobat | Tell a Friend | Real Estate Glossary | Showcase | For Sellers | Home | The Bi-Weekly Mortgage | Document Your Assets | Mortgage Shopping | Locking in Rates | Living Trusts | Lender Types | Staying Approved | Staging Your House | Staging Checklist | Site Map | Bi-weekly Pmt Calc | ARM Calc | APR Calc | Fixed Rate Mtg Calc | Mortgage Points Calc | 15 vs 30 Year Mtg Calc | Mtg Tax Savings Calc | Balloon Mortgage Calc | ARM vs Fixed Rate Calc | Mortgage Qualifier Calc | Required Income Calc | Maximum Mortgage Calc | Mortgage Payoff Calc | Rent vs Buy Calc | Refi Interest Savings Calc | Refi Breakeven Calc | Mortgage Calculators | Reasons Homes Don't Sell | Buying Foreclosures/REO's | The Listing Contract | Need a Bridge Loan? | Should you paint? | Homeowner Warranties | Flowers Add Curb Appeal! | Selling One, Buying Another | Driving Directions | Blog
Copyright © 2010 EWM RealtorsPortions Copyright © 2010 a la mode, inc.Another XSite by a la mode, inc. | Terms of Use| Site MapAll rate, payment, and area information are estimates and approximations only.
