by Jim Crowder | Mar 25, 2013 | HOUSING MARKET
Experts are suggesting buyers keep in mind how fast the prices of homes will increase as the housing market continues to improve. RealtyTrac vice president, Daren Blomquist explained that individuals or families who purchased their current home over the last 3 years...
by Jim Crowder | Mar 22, 2013 | HOUSING MARKET
Freddie Mac stated in the most recent Primary Mortgage Market Survey that fixed-mortgage rates decreased slightly last week, helping interest rates fall. 30-year fixed-rate mortgages hovered just under 4% over the last year and are expected to sustain the percentage...
by Jim Crowder | Mar 21, 2013 | HOUSING MARKET
According to the most recent global securitized credit report, Morgan Stanley, a financial services firm, increased their U.S. home value appreciation forecast to nearly 7% this year. The company expects home prices to jump 5% in 2014 and rise roughly 4% in 2015. The...
by Jim Crowder | Mar 20, 2013 | HOUSING MARKET
Housing starts continue to gain momentum. In February, new housing construction permits reached their highest level since 2008. The industrial average from the Dow Jones increased by 0.31%, and the SPX grew 0.25% while the NASDAQ also showed improvement increasing...
by Jim Crowder | Mar 19, 2013 | HOUSING MARKET
According to the National Association of Home Builders, builder confidence has dropped slightly, but home-building demand continues to increase. The Chairman at the NAHB, Rick Judson said, “many of our members are reporting increased demand for new homes in...
by Jim Crowder | Mar 18, 2013 | HOUSING MARKET
Home prices are expected to grow by 7% this year according to JPMorgan Chase, while other investors expect to see a much larger increase. Investors have taken a keen interest in distressed properties and non-performing loans, which has aided the gain in home prices....