Clear Capital Cautiously Optimistic About Home Prices

From DS News:



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> Clear Capital Sees Signs of Upturn in U.S. Home
Prices


Clear Capital has released new home price data, with an encouraging, albeit
cautious, analysis. The company reports that through the end of January,
national home prices are down 1.6 percent on a rolling quarter-over-quarter
basis. But despite the negative quarterly price change, Clear Capital says
U.S. home prices stopped declining in early January and have posted their
first uptick since mid-August 2010. The company says the likely explanation
for the sudden increase is the slowing of the rate of REO sales.
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-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
<http://www.sunilsethi.com/> www.sunilsethi.com

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