by Jim Crowder | Apr 10, 2013 | HOUSING MARKET
Ben Bernanke, the Federal Reserve Chairman, stated that the United States economy and banks are strengthening.. The Government conducted a series of confidence-building stress tests called SCAP, the Supervisory Capital Assessment Program. Bernanke said, “the...
by Jim Crowder | Apr 9, 2013 | HOUSING MARKET
The nation’s home price expectations are high according to a recent survey conducted by Fannie Mae. 48% of respondents expect home prices to rise over the next year compared to only 35% last year. Fannie Mae’s chief economist, Doug Duncan said,...
by Jim Crowder | Apr 8, 2013 | HOUSING MARKET
According to the Department of Labor, construction employment has shown considerable improvement. As housing starts gain momentum, construction jobs are following behind accordingly. The chief economist at Capital Economics, Paul Ashworth said, “we’ve seen...
by Jim Crowder | Apr 5, 2013 | HOUSING MARKET
Apartment rental prices are steadily rising in the United States. The average monthly rent has increased 0.5% from last quarter. According to a real estate research firm, Reis Inc, the nation’s average rent is approximately $1,054 a month. Multi-family housing...
by Jim Crowder | Apr 4, 2013 | HOUSING MARKET
According to the National Association of Realtors, 11% of 2012’s property transactions stemmed from vacation properties, leading to a 10% increase from 2011. Lawrence Yun, the NAR’s Chief Economist said, “we had a strong stock market recovery,...
by Jim Crowder | Apr 3, 2013 | HOUSING MARKET
The United States housing market is continuing to make significant improvement. Residential construction businesses, as well as many real estate companies, continue to experience positive growth this year. A recent report released from Fannie Mae stated that the...
