Report on Stabilization of U.S. Home Prices

According to a report by Radar Logic and the company's RPX Index, which measures trends in the price per square foot of homes in 25 U.S. metro areas, the freefall in house prices that was evident in 2008 has been flatening over the past several months -- but the slowdown in the prices may represent just a step toward recovery. By spring 2010 the data should present "a clear picture of which way the market is moving," Radar Logic reported. Even with some stabilization in home values, caution exist that some markets may see a continuing slide based on a buildup of foreclosure-related inventory and a typical seasonal slowdown in sales activity.

Radar Logic cited sales data from the National Association of Realtors trade group and from another monthly price index, the Standard and Poor's/Case-Shiller price index for 20 U.S. metro areas, as evidence for market improvements -- while noting that the operators of the Case-Shiller index do not believe a deceleration in downward price trends constitutes evidence for a recovery.

There will continue to be downward pressure on prices, Radar Logic states, To view the complete report click here.  Even with the some stabilization of home prices inventories of non performing notes and real estate owned by banks continue to rise.  Savvy investors are taking advantage of these bulk real estate investment reo portfolios.