by Jim Crowder | May 22, 2013 | HOUSING MARKET
The housing market continues to improve, helping many home-improvement retailers gain more revenue as more consumers invest in home projects. Home Depot Inc, the largest home improvement retail store in the United States posted their first-quarter profit showing their...
by Jim Crowder | May 21, 2013 | HOUSING MARKET
According to Fannie Mae’s economic outlook the economy is expected to grow as the year continues and the housing market improves. The housing market is expected to continue building the economy well into 2014, according to many experts. The chief economist for...
by Jim Crowder | May 20, 2013 | HOUSING MARKET
According to Freddie Mac, mortgage rates have increased. A recent survey reported that mortgage lenders have been offering 30-year fixed-rate loans at an average of approximately 3.51% showing signs of a more stable economy. Consumer retail sales grew in April when...
by Jim Crowder | May 17, 2013 | HOUSING MARKET
According to the National Association of Home Builders index, housing market confidence has increased 3 points from April to May averaging around 44 points. The chairman of the building association, Rick Judson said, “builders are noting an increased...
by Jim Crowder | May 16, 2013 | HOUSING MARKET
Mortgage applications fell slightly last week from the previous week as home purchase filings and refinancing slowed down. According to the Mortgage Bankers Association, mortgage applications decreased by 7.3%, but experts suggest that many times after a boost in...
by Jim Crowder | May 15, 2013 | HOUSING MARKET
According to the National Association of Realtors, United States housing affordability has increased to historically high levels in 2013’s first quarter. 73.7% of new and existing homes sold in the first three months of the year were considered affordable for...