Home / Tag Archives: Clear Capital (page 3)

Tag Archives: Clear Capital

Report: Price Gains to Moderate in 2nd Half of 2013

In July, national home prices jumped 9.3 percent year-over-year, led by gains in the West, according to Clear Capital's latest housing report. Among metro areas, price gains were especially strong in Las Vegas, where home values spiked 31.2 percent from last year. Despite the recent streak of impressive home price gains, Clear Capital expects the market to experience more moderate and sustainable increases in the last half of 2013 as homebuyers transition into the ""new normal"" the report explained.

Read More »

Report Projects Above-Normal Price Growth, Strong Metro Area Gains

At a national level, Clear Capital revised its 2.6 percent projected price gain over the year this year up to 6 percent. While lower than the current yearly gain of 8.6 percent, this forecast is still greater than historical norms, which rank between 4 and 5 percent. Meanwhile, 45 of the top 50 metropolitan markets will experience yearly price increases during the second half of the year, according to Clear Capital's forecast.

Read More »

Amid Regional Gains, Metros Present Wide Range of Price Shifts

While national home prices continue to post gains, Clear Capital's VP of research and analytics, Alex Villacorta, insists ""granularity in home prices remains key."" At a broad regional level, prices increased the most in the West (2.4 percent) and least in the Midwest, 0.7 percent. The South and Northeast fell in between with gains of 1.1 percent and 0.8 percent, respectively. At the metro level, Las Vegas outpaced Phoenix as the metro with the greatest price gain on a yearly basis. Phoenix held this rank from April 2012 until now.

Read More »

Home Prices on Path to Stabilization This Year

After coming to a ""turning point"" last year, the housing market is now stabilizing, according to Clear Capital's monthly Home Data Index. ""2013's forecasted trajectory is one of moderation and stabilization,"" according to Clear Capital. Home prices rose 7.2 percent on an annual basis in April. Last April's annual price change was a decline of 1.4 percent year-over-year.

Read More »

Report: Prices Post First Winter Quarterly Gain in 7 Years

For the first time since 2006, national home prices survived winter without experiencing a quarterly decline, according to Clear Capital's market report for March. Home prices ended last month with a 6.5 percent year-over-year improvement, while the quarterly gain was a modest 0.9 percent. On a regional basis, Clear Capital found quarterly growth was the strongest in the West, where prices were up by 2.2 percent. Over the next three quarters, Clear Capital is projecting growth of 1.7 percent, which would bring the 2013 forecast to 2.6 percent.

Read More »

Prices Sustain Gains into February as Spring Season Nears

National home prices continued to post strong annual gains into February, while quarterly increases stabilized, Clear Capital reported Tuesday. Home prices in February were up 6.1 percent year-over-year, the strongest yearly growth since August 2010 when the home buyer tax credit influenced demand, according to Clear Capital's Home Data Index (HDI). ""While February's yearly growth of 6.1% is encouraging, let's keep in mind this rate of growth is measured against the market's bottom, which we reported in our March 2012 Market Report,"" said Dr. Alex Villacorta, director of research and analytics at Clear Capital.

Read More »

Winter Season Slows Home Price Gains

On a national level, January home prices increased 5.4 percent from a year ago, but fell flat on a quarterly basis after inching up by just 0.9 percent, Clear Capital reported. Out of the four regions, the West maintained its lead with yearly gains and quarterly gains of 12.9 percent and 2.1 percent, respectively. The remaining three regions all saw price increases of less than 1 percent quarter-over-quarter. Dr. Alex Villacorta, director of research and analytics at Clear Capital, explained the softened quarterly gains suggest ""the budding recovery is not immune to the slower winter season.""

Read More »

Clear Capital Reports End-of-Year Price Growth, Offers Forecast into 2013

National home prices finished 2012 with a strong yearly gain, but prices fell flat quarter-over-quarter in December, according to a report from Clear Capital. Prices in December saw a 0.9 percent quarterly increase, remaining mostly unchanged from the 1 percent quarterly improvement in November, Clear Capital reported. Year-over-year, national home prices grew by 4.9 percent. The data provider expects to see continued growth into 2013, but estimates the increase will be slower at 2.1 percent.

Read More »

Clear Capital Expands Leadership with Three New Members

Clear Capital strengthened its leadership with the addition of three key team members, including one SVP and two directors. Jim Smith joined as SVP of national sales. April Moore was appointed as director of marketing, and Peter Pensotti was selected as director of appraisal product management.

Read More »

REO Sales Diminish to Under 20% of Overall Home Sales: Clear Capital

Clear Capital released a new market report Tuesday, tracking home prices through the end of November. Nationally, quarterly price gains were cut by more than half compared to readings from the month before. For November, home prices edged up just 1 percent. Even with fewer fair market sellers listing their homes, Clear Capital says REO sales held steady at 18.4 percent of total sales--a level that will put minimial pressure on home prices should it hold through the winter months.

Read More »