Posted on 11/25/2013 11:23:19 AM PST by whitedog57
Lender Processing Services (LPS) released its latest LPS Home Price Index (HPI) report, based on September 2013 residential real estate transactions.According to the report, U.S. Home Prices rose 0.2% in September, up 9.0% Year-Over-Year (YoY). LPS HPI – September 2013
The big winners? Nevada, Georgia and South Carolina. The big losers? NE “blue states”: Connecticut, New Hampshire and Massachusetts.
lpshpisept13
On a metro level, Myrtle Beach SC, Charleston SC, Atlanta GA, Miami and Naples FL were the big winners. The big losers? Most of Connecticut and Springfield MA.
bigmetro
Hey, at least bankrupt Modesto CA is making a comeback!
So the big gainers are largely vacation/retirement areas and gambling hubs (Las Vegas, Reno). The big losers are the staid metros in Connecticut and Massachusetts. Not to mention York, PA.
Aren't you glad Fannie Mae, Freddie Mac and the FHA have their loan limits so high that investors are protected? /sarc
Testing the basement for footing. It’ll sink some more in certain regions.
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