Friday, December 11, 2009

Clear Capital Reports Gains in Home Prices across the Country

In yet another sign that housing markets are on the mend, Clear Capital reported Wednesday that values of residential properties are posting increases throughout the country, led by a resurgence in the Rust Belt. The company said seasonal softening puts the nation's gains at a modest 1.4 percent for the rolling quarter ending in November. The numbers in the nation's Western region are particularly encouraging, reflecting moderate price gains among even its largest markets with high levels of REOs.

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