by Jim Crowder | Nov 30, 2012 | HOUSING MARKET
The sales pace of new homes sold in October was virtually unchanged from the month before, according to estimates jointly released by the U.S. Census Bureau and the Department of Housing and Urban Development. Sales were down 0.3 percent to a seasonally adjusted...
by Jim Crowder | Nov 29, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the seasonally adjusted Purchase Index rose 3.0 percent last week after an adjustment for the Thanksgiving holiday. Despite the increase, the Market Composite Index, which measures both...
by Jim Crowder | Nov 28, 2012 | HOUSING MARKET
Economic activity accelerated in the third quarter after a sluggish second quarter, according to Fannie Mae’s Economic and Strategic Research Group. Their November outlook expresses encouragement based on recent increases in consumer spending and confidence but...
by Jim Crowder | Nov 27, 2012 | HOUSING MARKET
According to Zillow’s Real Estate Market Report, home prices rose 1.1 percent in October, the twelfth consecutive month of increases and the largest gain since August 2005. Year-over-year, home values were up 4.7 percent, which is the biggest annual improvement...
by Jim Crowder | Nov 26, 2012 | HOUSING MARKET
The National Association of Home Builders Housing Market Index measures builder confidence in the market for newly built, single-family homes on a scale where any number below 50 indicates that more builders view conditions as poor than good. In November, the index...
by Jim Crowder | Nov 23, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage application volume dipped last week despite an adjustment for the Veteran’s Day holiday. The Market Composite Index, which measures total mortgage application volume, fell...
