FHFA House Price Index for 4Q/11

FHFA HPI for 4Q/11
Not good news on the local front. 4Q/11 was the 11th consecutive quarter where the index indicated falling house prices. This index needs to turn to positive territory for our market to rise above current levels.

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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