Home Buyers News » Housing market continued to grow in September 2013
Posted by Todd Rubick on
Home » News » Home Buyers | Housing market continued to grow Sep 2013 | (970) 445-4977 | Refinance | | Tools | | Contact
Mortgage Loans CO - Estes Park, Denver | Mortgage Loan WI - Madison, Milwaukee | Mortgage Loans MO - Hannibal, O'Fallon
Apply Now Buy a Home Refinance
Home Buyers \ November 8, 2013 04:04 pm
A recent report by CoreLogic found that September marked the 19th consecutive month of home price growth, with a 12 percent increase compared to September 2012. The report predicted that home prices will reach a 12.5 percent increase in October 2013 over the previous year. Five years after the beginning of the housing crisis, home prices are at their highest level.
"September marked the unofficial five-year anniversary of the start of the housing crisis," said CoreLogic's chief economist Mark Fleming. "The five-year home price appreciation for all homes in the nation was 3.4 percent. While there is still room for improvement, the CoreLogic HPI is at the highest level since May 2008."
Housing market growth stabilized in September, slowing down the rate of appreciation from the summer months but continuing its upward trend. In September, home prices increased by 0.2 percent from the previous month.
"U.S. home prices continued their ascent in September," President and CEO of CoreLogic Anand Nallathambi stated. "Average home prices in nearly half the states are now within striking distance of their pre-downturn pricing peaks . We are seeing a slowdown in the rate of price appreciation over the past few months from the rapid pace experienced over the first half of this year. This deceleration is natural and should help keep market fundamentals in balance over the longer-term."
Mortgage Lending Real Estate Knowledge Base
Questions about buying or selling your existing home?
Categories: All | Choose a REALTOR | | Working with a REALTOR | | Buying | | Selling | Financial | | Homeowners |
Mortgage and Real Estate News Categories
Home Buyers | Market Conditions | | Mortgages | | Purchase Markets | | Realtor Information | | Refinance
Home Financing Archive
August 2013 | September 2013 | October 2013 | November 2013 | December 2013 | January 2014 | February 2014 | July 2014 | August 2014 | September 2014 | October 2014 | November 2014 | December 2014 | January 2015 | February 2015 | March 2015 | April 2015 | May 2015 | June 2015 | July 2015 | August 2015 | September 2015 | October 2015 | November 2015 | December 2015 | January 2016 | February 2016 | March 2016
Real Estate Lending Options
30 Year Fixed Rate Mortgage | 15 Year 30 Year Fixed Rate Mortgage | Adjustable Rate Mortgage (ARM) | FHA Loans | VA Loans | USDA Loan | Jumbo Loans
Mortgage Banking Learning
Mortgage Glossary | Refinancing | Loan Options | Home Purchase Basics
Home Borrower Tools
How Much Can I Borrow? | Mortgage Calculator | Mortgage Rates | Forms
About Amax Lending
Company | Senior Loan Originators
Home Purchase Loans in Madison and Milwaukee WI
Mortgage Loans Springfield, Hannibal, St. Louis, MO
Purchase Real Estate Loans Denver, Boulder, CO
Google Maps: Mortgage Loans Madison WI | O'Fallon MO | Denver CO
Facebook: Mortgage Wisconsin | Mortgage Missouri | Mortgage Colorado
Apply Now Buy a Home Refinance
(970) 445-4977
VA Home Loans , FHA and USDA Home Loans in Colorado
TMortgage Loans Colorado Real Estatee - (970) 445-4977 | Mortgage Calculator Options with Loan Quotes. Get Started Now With Amax Loans Mortgage! Lock Your Rate - Calculate Payments - Compare Loans - Skip the Bank - Types: FHA Loans, HARP, VA Loans, ARM | Boulder, Ft Collins, Aspen, Pagosa Springs, Colorado Springs, Pueblo, Golden, Grand Junction, Steamboat Springs, Denver CO, Hannibal, Springfield, Troy, O'Fallon, St Louis MO, Chicago, Quincy IL | Home Loans in Armenia WI, Baraboo WI, Beaver Dam WI, Beloit WI, Brooklyn WI, Columbus WI, Deforest WI, Dell Prairie WI, Dodgeville WI, Edgerton WI, Fitchburg WI, Fort Atkinson WI, Germantown WI, Green Bay WI, Green Lake WI, Janesville WI, Lacrosse WI, La Valle WI, Lake Delton WI, Lake Mills WI, Lodi WI, Madison WI, Mauston WI, Mazomanie WI, Merrimac WI, Middleton WI, Milton WI, Milwaukee WI Monroe WI, Montello WI, Mount Horeb WI, Necedah WI, Oregon WI, Platteville WI, Portage WI, Prairie Du Chien WI, Princeton WI, Reedsburg WI, Ripon WI, Rome WI, Spring Green WI, Stoughton WI, Sun Prairie WI, Tomah WI, Verona WI, Watertown WI, Waunakee WI, Windsor WI
Amax Lending: Mortgage Loans Colorado Real Estate
We offer all types of mortgage home loans that are offered on the market today. Fixed Rates, Adjustables, Perfect Credit or not so perfect... If you can be approved for a loan, we can find the right one for you! Using a Mortgage Loan Officer that has access to all sources of lending institutions helps people get the best loan for their situation and offers all options on the market vs the programs at one bank.
Call Todd Rubick of Amax Lending and tell him why the bank said no... If your tax returns do not show your true income, or credit is less than perfect... Our all source lending strategies can be used to find the right program from the right bank to get your loan approved.
The housing market, which plays a critical role in economic recovery, continued to improve in September as home prices rose to their highest level since the beginning of the recession. With rapid appreciation over the summer, many housing markets saw home prices continue to rise in September, though at a slower, steadier growth rate. However, slower growth may lead to a healthier housing market in the long run.