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Market Commentary

News from the Housing Sector

Mixed news recently ...

The 20-city index from Case Shiller rose by 13.4% year-to-year, just short of the 13.6% that was expected. And November to December prices rose on an adjusted basis of 0.8%.

2013 was the best showing for the the index since 2005; however, chairman of the Index Committee at S&P Dow Jones Indices, David Blitzer, indicated that the gains are slowing, month-to-month and that the strongest part of the recovery in homes values might be over.

We'll have to wait and see next month if the severe winter weather in the rest of the nation has been playing a part in all this.

Bellwether Lending, Inc.
10415 113th Place NE , Kirkland, WA  98033
Office:  (425) 741-3432
skip@bellwetherlending.com
Copyright © 2022 Notice: This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and / or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Equal Housing Lender. Bellwether Lending, Inc. is a Washigton State Licensed Mortgage Broker NMLS ID #116803.
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