by Jim Crowder | Nov 21, 2012 | HOUSING MARKET
Figures released by the U.S. Census Bureau and the Department of Housing and Urban Development show privately owned housing starts up 3.6 percent in October, which puts them 41.9 percent above last year’s rate. The improvement beat economists’ expectations...
by Jim Crowder | Nov 20, 2012 | HOUSING MARKET
According to the National Association of Realtors, sales of existing homes increased 2.1 percent in October. The improvement put sales 10.9 percent above where they were a year ago. Lawrence Yun, NAR’s chief economist, said home sales continue to trend upward...
by Jim Crowder | Nov 19, 2012 | HOUSING MARKET
RealtyTrac’s U.S. Foreclosure Market Report for October 2012 shows foreclosure filings, including default notices, scheduled auctions, and bank repossessions, are down 19 percent from October 2011, though they rose 3.0 percent from the month before. Daren...
by Jim Crowder | Nov 16, 2012 | HOUSING MARKET
Freddie Mac’s November U.S. Economic and Housing Market Outlook defines what a healthy housing market will look like over the next five years. Using recent trends, key indicators, and shifting demographic patterns, Freddie Mac’s forecast sets expectations...
by Jim Crowder | Nov 15, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, total mortgage loan application volume rose 12.6 percent last week, following the previous week’s decline. Michael Fratantoni, MBA’s vice president of research and economics,...
by Jim Crowder | Nov 14, 2012 | HOUSING MARKET
Each month, the U.S. Department of the Treasury and the Department of Housing and Urban Development release a housing scorecard that highlights key market data and the results of federal recovery efforts. In October, the scorecard found positive price trends, low...
