Decoding Compliance

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The pulse Power Forward Home values escalated in early 2013, proving that housing is back in the game and gaining ground with historically impressive annual and monthly increases. R Good News Nationwide eleasing findings from the company's January 2013 Home Value Index (ZHVI), Zillow gave the housing industry reason to celebrate the new year, reporting a national rise in property values that represents the strongest year-over-year increase since 2006. "The winter months are typically when things cool off in the housing market, but high demand and continued tight inventory in many markets have helped keep things at a boil through the early part of 2013," noted Zillow Chief Economist Dr. Stan Humphries. "Demand will continue to be high throughout 2013, which will help home values, and rents alike continue to rise. Foreclosure activity remains high, despite recent drop-offs. This will have the dual effects of nurturing rental demand, as displaced former homeowners seek new lodgings, and of adding supply to many markets, as foreclosed properties re-enter the market," Humphries concluded. WA Regions on the Rise FL ZHVI: { $158,100 } Month-to-Month (M/M): ZHVI up 0.7% 27 of 30 MSAs showed appreciation Year-over-Year (Y/Y): ZHVI up 6.2% Annual increase largest since 2006 Historical Performance Measurements: ZHVI up for 15 consecutive months Home values at levels not seen since 2004 ME ND MT VT MN NH OR ID SD WI MI WY IA NE NV CALIFORNIA IL UT CO CA San Francisco M/M: 2% Y/Y: 17.2% ZHVI: $538,900 San Diego M/M: 1.8 % Y/Y: 12.9% ZHVI: $381,900 San Jose M/M: 1.2% Y/Y: 16.8% ZVHI: $639,500 18 | The M Report PA OH IN MD WV MO OK NM NJ DE NC TN AZ RI VA KY Riverside M/M: 1.7% Y/Y: 12% ZHVI: $201,300 Sacramento M/M: 1.5% Y/Y: 13.7% ZHVI: $229,600 KS MA CT NY SC AR MS AL GA TX AK LA FL HI NEVADA ARIZONA FLORIDA Las Vegas M/M: 1.3% Y/Y: 16.2% ZVHI: $131,100 Phoenix M/M: 0.9% Y/Y: 21.9% ZVHI: $159,300 Tampa M/M: 2% Y/Y: 9.1% ZVHI: $116,300 About the Survey: The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day and includes the value of all single-family residences, condominiums and cooperatives, regardless of whether they sold within a given period. It is expressed in dollars and is seasonally adjusted.

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