According to the latest housing data recently released by Florida Realtors, the Sunshine State reported gains in the housing markets, including the median sales price and a reduced inventory of homes for sale in January.
According to the recently released S&P Indices for its S&P/Case-Shiller Home Price Indices, which is the leading measure of U.S. home prices, all three headline composites showed record-low numbers at the end of 2011.
Mortgage rates have teetered around historic lows in the past few years following the economic collapse that left the country in a recession. Now, according to a recent Wall Street Journal article, mortgage rates should be lower based on a historical measure.
According to recently released figures from the Federal Housing Finance Agency, U.S. home prices fell in the fourth quarter of 2011 by 0.1 percent on a seasonally adjusted basis when compared with the third quarter.
The National Association of Realtors recently announced a partnership with the U.S. Department of the Treasury to help Realtors better assist homeowners who are finding it difficult to sell their homes in short sales.