by Jim Crowder | Nov 2, 2012 | HOUSING MARKET
Gallup’s Economic Confidence Index reached its highest level since 2008 during the last week of October. And though confidence ranked higher many times prior to 2008, when Gallup tracked Americans confidence on a periodic rather than daily basis, it is the most...
by Jim Crowder | Nov 1, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, total mortgage loan application volume fell last week though purchase demand edged up slightly. The Market Composite Index, which measures both refinance and purchase loan volume, was...
by Jim Crowder | Oct 31, 2012 | HOUSING MARKET
RealtyTrac’s Q3 2012 Metropolitan Foreclosure Market Report tracks foreclosure activity in cities with populations of 200,000 or more. In the third quarter of this year, foreclosure activity fell from a year ago in 131 of the 212 metropolitan areas included in...
by Jim Crowder | Oct 30, 2012 | HOUSING MARKET
Freddie Mac’s recently released Economic and Housing Market Outlook for October shows housing contributed 0.3 percentage points to GDP growth in the first half of 2012 after being a net drag from 2006 through 2010. The housing sector is also expected to...
by Jim Crowder | Oct 29, 2012 | HOUSING MARKET
The National Association of Realtor’s Pending Home Sales Index measures contract signings and is an indicator of future existing-home sales. In September, the index was up 0.3 percent over August and 14.5 percent above last year’s level. It was the 17th...
by Jim Crowder | Oct 26, 2012 | HOUSING MARKET
In September, new home sales reached their highest level since April 2010, when they were boosted by the homebuyer tax credit. According to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family...
