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Housing Report Says Market Has Turned A Corner
The Demand Institute is a non-profit organization that studies consumer demand. Their latest report, titled The Shifting Nature of U.S. Housing Demand, says the housing market has turned a corner and the recovery has begun. But while the report sees positive signs for...
Mortgage Demand Dips As Rates Fall To New Low
According to the Mortgage Bankers Association's Weekly Applications Survey, the Market Composite Index, which measures both refinance and purchase loan application volume, fell 2.1 percent last week. But, though the Refinance Index suffered a 3.0 percent decline from...
Rent Rising Faster Than Home Prices In Most Markets
The most recent results from Trulia's Price Monitor show asking prices on for-sale homes rose for the fourth time in five months in June. Prices increased 0.3 percent month-over-month, after staying relatively flat in May. Year-over-year, prices were up 0.3 percent...
Housing Scorecard Finds Signs Of Stability In June
The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury's June Housing Scorecard is a comprehensive report on the housing market which compiles and analyzes key data and measures the administration's foreclosure prevention and...
Housing Market Experts Expect Gradual Gains For Real Estate
Several housing market experts, including the National Association of Realtors' Lawrence Yun, Zillow's Stan Humphries, and the National Association of Home Builders' David Crowe, recently spoke at a forum hosted by the National Association of Real Estate Editors. They...
Analysis Forecasts Growth, Says Housing Performing Well
Fannie Mae's most recent Economic & Strategic Research Group says moderate growth is expected for the remainder of the year despite a recent slowing of economic gains. Doug Duncan, Fannie Mae's chief economist, says the resilience of the economy and the consumers...
Completed Foreclosures Down Nearly 30 Percent From Peak
CoreLogic's most recent National Foreclosure Report shows 63,000 foreclosures were completed in May, down from 77,000 a year ago and 27 percent below their peak in 2010. Mark Fleming, CoreLogic's chief economist, said there have been more than 819,000 completed...
Harvard Research Center Optimistic About Housing Market
The Joint Center for Housing Studies of Harvard University recently released their annual State Of the Nation's Housing report. According to the report, there are several signs which indicate future gains for the market. Among them, the report cites strengthening...
Price Index Finds Prices Rising In Most Major Metro Areas
The S&P/Case-Shiller Home Price Indices are a leading measure of U.S. home prices. The latest release, which covers data through the end of April, found prices up 1.3 percent from March. It was the first price increase after seven consecutive months of falling...
Pending Home Sales Hit Two Year High In May
The National Association of Realtors' Pending Home Sales Index is a forward-looking indicator based on contract signings but not closings. In May, the index climbed 5.9 percent from the previous month and is 13.3 percent above year-before levels. Lawrence Yun, NAR's...