by Jim Crowder | Feb 19, 2013 | HOUSING MARKET
Experts are expecting foreclosure rates to continue to dwindle down and eventually reach a point where they will no longer be a threat to the recovering economy. Foreclosure rates have dropped over the previous two years, and new foreclosure rates have decreased 28%...
by Jim Crowder | Feb 18, 2013 | HOUSING MARKET
A large number of loans that go through a remodification process do it 30 months after the last modification, according to research conducted by the Barclays Securitised Research Team. Barclays found that prime loan remods have a higher performance level than loan...
by Jim Crowder | Feb 15, 2013 | HOUSING MARKET
According to Morningstar, an independent company providing investment research, the lumber industry has jumped to 74% while home improvement stores came in at 55%. Homebuilders reached 77% taking the lead in the housing stock market last year. Michael Magiera, Manager...
by Jim Crowder | Feb 14, 2013 | HOUSING MARKET
Multifamily housing construction is growing and helping the economy to strengthen in return. Over 2 million households are expected to move into multifamily housing units as the labor and economic markets rise. The construction industry has seen a hike in demand for...
by Jim Crowder | Feb 13, 2013 | HOUSING MARKET
U.S. stocks are hovering around their highest levels in history. The S&P 500 and the Dow Jones are up 7% from the previous year. The Dow came in only 1.3% less from the previous high record set in 2007. The S&P 500 grew 0.2%, the largest percentage since...
by Jim Crowder | Feb 12, 2013 | HOUSING MARKET
Home prices and rental rates increased over the last year. Chief economist, Lawrence Yun, at the National Association of Realtors said, “home sales are on a sustained uptrend, mortgage interest rates are hovering near record lows and unsold inventory is at...
