April 27, 2024 2:46 pm
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Home price gains still above 6% year-over-year

By Jann Swanson | Mortgage News Daily

Home prices continued their nearly unabated upward trend in November according to data released on Wednesday by the Federal Housing Finance Agency (FHFA). FHFA’s Housing Price Index (HPI), based on the values of purchase mortgages sold to or guaranteed by Freddie Mac and Fannie Mae (the GSEs) rose 0.5 percent in November on a seasonally adjusted basis from the October level. October’s index, which originally posted a 0.4 percent gain, was revised down to 0.3 percent.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.