by Jim Crowder | May 6, 2013 | HOUSING MARKET
A recent study called the Psychology of House Hunting shows that 80% of first time homebuyers tend to know if a house is right for them when they take their first steps into the home. On average, first time homebuyers view 10 homes before making the decision to buy....
by Jim Crowder | May 3, 2013 | HOUSING MARKET
Confidence in the housing market has reached levels not seen in years. 37% of homeowners are confident that their home value will continue to grow over the next year while 58% of homeowners believe their homes are currently worth more than when they purchased them,...
by Jim Crowder | May 2, 2013 | HOUSING MARKET
Home mortgage applications in the United States increased last week. The Mortgage Bankers Association’s seasonally adjusted index of mortgage application activity, an index including home purchase demand and refinancing, climbed 1.8% while the MBA’S...
by Jim Crowder | May 1, 2013 | HOUSING MARKET
The Standard & Poor’s Case-Shiller 20-city index showed the largest price gain in approximately seven years increasing by 9.3% from this time last year. The report states that home prices are expected to continue to increase due to lower foreclosure rates,...
by Jim Crowder | Apr 30, 2013 | HOUSING MARKET
Pending home sales soared above last year’s levels in March, making it the 23rd consecutive month that has exceeded levels seen one year ago from the date, according to the National Association of Realtors. The National Association of Realtors pending home...
by Jim Crowder | Apr 29, 2013 | HOUSING MARKET
According to last week’s report from the Commerce Department, the economy is speeding up, and output has expanded to an annualized pace of 2.5%, compared to an annual growth pace of 0.45% in late 2012. Consumer spending, exports, business spending, and...
