by Jim Crowder | Oct 25, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage application demand slowed last week, though the results may reflect the previous week’s upward adjustment for the Columbus Day holiday. The Market Composite Index, which...
by Jim Crowder | Oct 24, 2012 | HOUSING MARKET
A recent report from Fitch Ratings forecasts continued gains for the housing market through the end of the year. According to the report, modest growth in the economy, combined with fewer distressed sales and higher rental costs, will lead to continued improvement in...
by Jim Crowder | Oct 23, 2012 | HOUSING MARKET
If the current year-to-date price trend continues, 2012 will be the first year that home prices have increased since 2006. Trulia’s Price Monitor, which is among the earliest leading indicators of price trends, shows September asking prices were up 2.5 percent...
by Jim Crowder | Oct 22, 2012 | HOUSING MARKET
Sales of previously owned homes slipped 1.7 percent in September but remain 11.0 percent above year-before levels, according to data from the National Association of Realtors. Total existing-home sales, which include single-family homes, townhomes, condominiums, and...
by Jim Crowder | Oct 19, 2012 | HOUSING MARKET
Estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show housing starts and building permits both surged in September. Privately-owned housing starts jumped 15 percent above the revised August estimate of 758,000 to a...
by Jim Crowder | Oct 18, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the seasonally adjusted Purchase Index rose 1.0 percent last week, reaching its highest level since June. But despite the gains in purchase activity, the Market Composite Index, which...
