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Property Valuation

Wayne County Foreclosures Fall Sharply

Annual Auction Still Visible In National Numbers

Molly Boesel    |    Property Valuation

Wayne County Completed FCL

Each September Wayne County, Mich., experiences a spike in completed foreclosures as a result of an annual auction of tax-delinquent properties. The tax foreclosure process is lengthy (owners of the foreclosed properties are typically delinquent on property taxes for three years) and Michigan state law requires the auction of the foreclosed properties. The number of tax-delinquent properties...

Home Price Index Highlights: December 2016

National Home Prices Increased 7.2 Percent Year Over Year in December 2016

Molly Boesel    |    Property Valuation

HPI Blog
  • Home prices forecast to rise 4.7 percent over the next year.
  • Home prices rose 5.6 percent for full year 2016.
  • Adjusting for inflation, home prices are still 18.6 percent below their peak.

National home prices increased 7.2 percent year over year in December 2016, according to the latest...

Home Price Index Highlights: November 2016

National Home Prices Increased 7.1 Percent Year Over Year in November 2016

Molly Boesel    |    Property Valuation

HPI Blog November
  • Home prices forecast to rise 4.7 percent over the next year.
  • Oregon had the highest appreciation of all states in November, up 10.3 percent year over year.
  • Adjusting for inflation, home prices are still 18.6 percent below their peak.

National home prices increased 7.1 percent year over year in November 2016, according to the latest...

Borrower Equity Update: Third Quarter 2016

Homeowner Equity Increased $227 Billion in Third Quarter 2016

Molly Boesel    |    Property Valuation

25 states with largest YOY change in neg equity share
  • The national negative equity share fell to 6.3 percent in Q3 2016.
  • Only North Dakota saw an increase in negative equity share over the past year, but the increase was minimal.
  • Florida saw the largest improvement in negative equity share over the past year, falling 5.2 percentage points.

The amount of equity in mortgaged real estate increased...

Home Price Index Highlights: October 2016

National Home Prices Increased 6.7 Percent Year Over Year in October 2016

Molly Boesel    |    Property Valuation

  • Home prices forecast to rise 4.6 percent over the next year.
  • The highest appreciation was in the West, with Washington growing by double digits in October.
  • After adjusting for inflation, home prices are still 18.9 percent below their peak.

National home prices increased 6.7 percent year over year in October 2016, according to the latest...

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