by Jim Crowder | Mar 7, 2013 | HOUSING MARKET
According to data from the CoreLogic Index, U.S. home prices have increased while foreclosure rates have decreased. Home prices have jumped 0.7% in January from the previous month and soared 9.7% from last year, the biggest home price increase since early 2006. It is...
by Jim Crowder | Mar 6, 2013 | HOUSING MARKET
Home-buying plans have shown improvement since 2005, with mortgages remaining relatively affordable and housing starts on the rise. This year’s credit availability has grown substantially compared to availability over the last few years. 30-day delinquency rates...
by Jim Crowder | Mar 5, 2013 | HOUSING MARKET
The job market this year has steadily grown each month. Last month, 157,000 jobs were added to the recovering economy, and jobless claims have continued to decline weekly. Consumer confidence has also trended upward according to Economist Richard Curtin who said...
by Jim Crowder | Mar 4, 2013 | HOUSING MARKET
The National Association of Realtors stated homes worth between $750,000 and $1 million have increased over the last year by 38.7%. Large mortgage loans over $417,000, called jumbo loans, are directly associated with the growing luxury real estate market....
by Jim Crowder | Mar 1, 2013 | HOUSING MARKET
Foreclosure rates dropped in January to 61,000, down 14,000 from last year according to CoreLogic. Last January there were 1.5 million United States foreclosures in process. There are roughly 1.2 million foreclosures currently in process in the United States, 3...
by Jim Crowder | Feb 28, 2013 | HOUSING MARKET
CNNMoney surveyed a large group of economists and over half agreed that the housing market is fueling the economy this year and promoting further growth. Keith Hembre, Chief economist at Nuveen Asset Management, a company offering institutional investment expertise...
