Quorum-Laurelhurst Seattle Real Estate Blog


Freddie Mac Records Gains in the Pacific Division
Conventional Mortgage Home Price Index Q4 2009
Freddie Mac announced that it's Conventional Mortgage Home Price Index; which tracks resales of homes with mortgages owned or guaranteed by Freddie Mac or Fannie Mae; registered a .4 percent decline from 4th quarter 2008 to 4th quarter 2009.

Out of the the 9 regions 4 of them saw gains. The regions that saw year - over- year gains were the Pacific Division (Washington, Oregon, Hawaii, California and Alaska) with a 1.6% gain; the East South Division (Alabama, Kentucky, Mississippi and Tennessee) with a .8% gain; the West South Central Division (Arkansas, Louisiana, Oklahoma and Texas) with a 1.5% gain; and the West North Central Division (Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska and South Dakota) with a 1.1% gain.

For the full report please go to www.freddiemac.com/news/archives/rates/2010/4qhpi09.html
Posted 2011-03-02