Gary Pierpont Blog

Home Prices Take A Fall

December 3, 2013 by garypierpontblog

Home prices have dropped from this summer’s high according to the most recent Clear Capital Home Data Index, an index that compares past and present home prices. Prices fell .02% from last quarter averaging approximately 10.8% this quarter. Vice president of research and analytics at Clear Capital, Alex Villacorta said, “as the year comes to a close, make no mistake, home prices across the country are cooling from the red-hot 2013 recovery.” Additionally, the quarter growth fell from 3.3% to 1.8%. More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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