DS News

August 2016 - A More Perfect Union

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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96 96 96 THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS METRO AREAS WITH THE LARGEST HOME PRICE GAINS FROM PREVIOUS PEAK DS News tracks the latest and the most relevant industry surveys and data to keep you in the know. This month we are examing the 10 metro areas in which home prices have increased the most compared to their previous peak. Employment growth in all of these metro areas, with the exception of Pittsburgh, has been strong, exceeding the 9.6% national growth rate. Pittsburgh is one of the few markets in the U.S. that escaped the home price bubble, so its current peak price level reflects steady price increases over the past twenty years. MARCH 2016 HOME PRICE LEVEL COMPARED TO PREVIOUS PEAK Source: CoreLogic DENVER- AURORA- LAKEWOOD, CO 32% 18% PITTSBURGH, PA 21% 2% BOSTON- CAMBRIDGE- NEWTON, MA-NH 6% 10% CHARLOTTE- CONCORD- GASTONIA, NC-SC 4% 16% COLUMBUS, OH 9% 13% SAN JOSE- SUNNYVALE- SANTA CLARA, CA 28% 21% NASHVILLE- DAVIDSON- MURFEESBORO- FRANKLIN, TN 16% 20% SAN FRANCISO- OAKLAND- HAYWARD, CA 15% 19% PORTLAND- VANCOUVER- HILLSBORO, OR-WA 8% 14% SEATTLE- TACOMA- BELLEVUE, WA 4% 16% 5-YEAR EMPLOYMENT % CHANGE

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