The two best measures of home prices are the Office of Federal Housing Enterprise Oversight’s index and Standard & Poor’s Case/Shiller index. But their findings can vary widely. We examine why.

Jackson home Inspection :: Serving Massachusetts and Southern New
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New York Foreclosures Increasing Rapidly, Experts Predict More to Come
While many states have experienced huge booms in foreclosures over the past year that are now showing signs of either evening out or beginning to drop off, New York foreclosures seem to be doing the opposite. In 2006, the total amount of New York foreclosure homes was enough to make New York the state with the fifth highest foreclosure rate in the country. Many weren’t sure where the market was going to go from there, but in 2007, it got decidedly worse.

Massachusetts Foreclosures up 70% in 2007
Despite a drop during the month of November, Massachusetts foreclosures on the whole were on the rise in 2007, surging roughly 70% above their 2006 levels at the end of the year.

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