Skip to main content

Guess What? Home Prices Hit Another New High

Phil Hall
Aug 28, 2017
In what has become the least surprising news of the year, home prices have reached another peak

In what has become the least surprising news of the year, home prices have reached another peak.
According to a new Home Price Index report released by Black Knight Financial Services, home prices were up 0.9 percent in June from the previous month and up 6.2 percent from the previous year. The $281,000 level set by the index represents a new high for measuring home prices.
Twelve of the 20 largest states and 21 of the 40 largest metros hit new home price peaks in June, Black Knight added. All 50 states saw monthly gains in their home prices, with the greatest appreciation in Michigan and Wisconsin with 1.9 and 1.8 percent increases, respectively. For the second month in a row, Nevada’s capital of Carson City saw the greatest metro appreciation, this time with a 2.2 percent rise in June. Detroit had the second highest appreciation among major metros, up 2.1 percent. 

Aug 28, 2017
ATTOM Announces Addition Of NMLS Data

Provides access to the names and NMLS IDs for those originating residential mortgage loans.

Industry News
Oct 05, 2022
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022