by Calculated Danger on 10/31/2024 11:32:00 AM
At present, within the Calculated Danger Actual Property E-newsletter: Freddie Mac Home Value Index Elevated in September; Up 3.6% 12 months-over-year
A quick excerpt:
Freddie Mac reported that its “National” Residence Value Index (FMHPI) elevated 0.28% month-over-month on a seasonally adjusted (SA) foundation in September. On a year-over-year foundation, the Nationwide FMHPI was up 3.6% in September, down from up 4.0% YoY in August. The YoY enhance peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in Might 2023. …
As of September, 11 states had been under their earlier peaks, Seasonally Adjusted. The biggest seasonally adjusted declines from the latest peak had been in Florida (-2.2%), Louisiana (-1.8%), Arizona (-1.7%), North Carolina (-1.5), and Arkansas (-1.3%).
For cities (Core-based Statistical Areas, CBSA), listed below are the 30 cities with the most important declines from the height, seasonally adjusted. Austin continues to be the worst performing metropolis. Nonetheless, 17 of the 30 worst performing cities at the moment are in Florida!
And 9 of the 12 worst performing cities are in Florida.
