Home Prices Jump In 2013

According to data from the CoreLogic Index, U.S. home prices have increased while foreclosure rates have decreased. Home prices have jumped 0.7% in January from the previous month and soared 9.7% from last year, the biggest home price increase since early 2006. It is forecasted that home prices will fall 0.3% by February as a short slow period is expected to approach before spring selling season. CoreLogic also reported that distress sales rates have normalized in 2013. More here

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