by Jim Crowder | Apr 2, 2013 | HOUSING MARKET
According to the Federal Housing Administration’s most recent outlook, insured loan applications have continued to increase, jumping 16%. The improvement is due to the higher number of homes being purchased and the rise in refinance filings. Mortgage insurance...
by Jim Crowder | Apr 1, 2013 | HOUSING MARKET
According to the S&P/Case-Shiller Home Price Indices, home prices grew impressively in January. The 20-city home price index grew by 8.1% from January 2012-January 2013. S&P Dow Jones chairman of the Index Committee David M. Blitzer said, “economic data...
by Jim Crowder | Mar 29, 2013 | HOUSING MARKET
The current United States’ economic outlook has grown this year, and according to the Organization for Economic Cooperation and Development, the economy is expected to grow by 3.5% by the end of the year’s first quarter. The housing market recovery has...
by Jim Crowder | Mar 28, 2013 | HOUSING MARKET
The Office of the Comptroller of the Currency stated that loans in any stage of the foreclosure process dipped below 1 million by the end of 2012, showing a significant improvement for the first time since 2011. The amount of foreclosures completed in the last few...
by Jim Crowder | Mar 27, 2013 | HOUSING MARKET
Real estate equity increased to the largest percentage seen in 65 years, in 2012. According to Federal Reserve data, property values grew 25% and exceeded mortgage values by $8.2 trillion. Banks are also becoming more accommodating with home equity loans as the market...
by Jim Crowder | Mar 26, 2013 | HOUSING MARKET
The housing market growth has spread to 274 metropolitan cities according to the National Association of Home Builders Improving Markets Index. The expansion has brought new jobs and local tax revenues to an increasing amount of cities as well as home starts and...
