by Jim Crowder | Jan 24, 2013 | HOUSING MARKET
United States home prices increased from November 2011 to November 2012 by 5.6 % according to the Federal Housing Finance Agency. Home prices have continued to grow 0.6% since October 2012 feeding the economy. Patrick Newport, an economist at IHS Global...
by Jim Crowder | Jan 23, 2013 | HOUSING MARKET
The housing market ended last week on a positive note according to Zacks, a leading investment research firm. Housing starts reached their highest point since June 2008, according to the U.S. Census Bureau and the Department of Housing and Urban Development. The U.S...
by Jim Crowder | Jan 22, 2013 | HOUSING MARKET
CoreLogic, an analytics firm, stated that 1.3 million loan borrowers reached a positive state by mid 2012 while 100,000 borrowers had more positive equity territory by the end of 2012. Mark Fleming, chief economist for CoreLogic said, “The number of...
by Jim Crowder | Jan 18, 2013 | HOUSING MARKET
The Housing Market Index from The National Association of Home Builders has been released and conveys optimism. Housing starts remain growing, which in return, creates more jobs and more money spent by consumers. Gus Faucher, senior economist at PNC Financial...
by Jim Crowder | Jan 17, 2013 | HOUSING MARKET
The Mortgage Bankers Association, a national association representing the real estate finance industry stated that the seasonally adjusted purchase index grew 13% from last week. Mortgage applications have increased 15.2%, and mortgage rates have slightly grown from...
by Jim Crowder | Jan 16, 2013 | HOUSING MARKET
According to a recent Fiserv Case-Shiller report, U.S home prices have grown 1.2% from 2011. Home prices in October 2012 increased 6.3 % from the previous year, and according to the National Association of Realtors, pending sales of existing homes rose 5.2 %. Rick...
