Tidewater Real Estate Blog

Default Analytics Show Increased Home Prices
Home prices rose 0.9 percent overall in April, according to Integrated Asset Services, a default management and collateral evaluation firm.

Prices in the Midwest rose 1.9 percent, the South gained 1.8 percent, and the West was up 1.1 percent. Only the Northeast declined, slipping 0.7 percent.

Dave McCarthy, president and CEO of Integrated Asset Services, says it's important to note that the forward-looking house price index is positive after so many months of being down. “But given all that’s in front of us, we can’t forget this improvement may be fleeting as well," McCarthy says.

Posted by Brad Nichols on June 10th, 2010 7:53 PMPost a Comment (0)

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