by Jim Crowder | May 14, 2013 | HOUSING MARKET
The housing market continues to recover and spread to more areas as home prices in many metropolitan cities experienced their largest gain year-over-year in over seven years. The median closing price has increased by 11.3% for existing single-family housing, averaging...
by Jim Crowder | May 13, 2013 | HOUSING MARKET
According to Freddie Mac’s weekly survey, 35-year fixed mortgages increased from 3.35% to 3.42% this week. The housing market is gaining more strength as it marches further into 2013 with low mortgage rates, more home sales, and construction starts and...
by Jim Crowder | May 10, 2013 | HOUSING MARKET
According to the United States Labor Department, the number of reported jobless claims filed by workers averaged around 323,000 claims last week, the lowest level seen since 2008. Unemployment claims have steadily dropped over the last few weeks, and the four-week...
by Jim Crowder | May 9, 2013 | HOUSING MARKET
More Americans are able to pay their mortgages as home values are on the rise and job creation grows. According to TransUnion, a credit reporting agency, individuals falling two months behind or more on their mortgages have dropped approximately 21% from this time...
by Jim Crowder | May 8, 2013 | HOUSING MARKET
Official auto sales forecasts look positive. SUV and truck sales are increasing as fuel prices begin to drop and housing sales continue to contribute to the U.S. economy. According to experts, many companies, large and small, as well as contractors and subcontractors...
by Jim Crowder | May 7, 2013 | HOUSING MARKET
According to the latest report from Lender Processing Services, problematic loans in the United States have fallen to less than 1%, the lowest percentage seen since mid-2007. New problem-loans in March 2013, hit around 0.84%, dropping to pre-crisis levels. The report...
