by Jim Crowder | Oct 17, 2012 | HOUSING MARKET
The National Association of Home Builders Housing Market Index measures builder confidence in the market for new, single-family homes on a scale where any number above 50 indicates more builders view the market as good than poor. In October, the index increased to 41....
by Jim Crowder | Oct 16, 2012 | HOUSING MARKET
The results of Fannie Mae’s September 2012 National Housing Survey show consumers’ optimism about the economy and housing market continued to climb as the summer season wound down. Doug Duncan, senior vice president and chief economist of Fannie Mae, said...
by Jim Crowder | Oct 15, 2012 | HOUSING MARKET
In September, foreclosure filings were reported on 180,427 properties, down 7.0 percent from August and 16 percent below last year’s level. September’s total was the lowest since July 2007 and helped lower third-quarter foreclosure numbers 5.0 percent from...
by Jim Crowder | Oct 12, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance application demand slipped 2.0 percent last week but remains near three-year highs. The drop was matched by a 2.0 percent increase in purchase application demand, pushing...
by Jim Crowder | Oct 11, 2012 | HOUSING MARKET
Recent market data shows signs of a strengthening recovery, according to the latest housing scorecard released by the U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury. The administration’s housing scorecard tracks key data...
by Jim Crowder | Oct 10, 2012 | HOUSING MARKET
The National Association of Home Builders Improving Markets Index identifies metropolitan areas that have seen six consecutive months of gains in housing permits, employment, and home prices. In October, the index reached the highest number of metros recorded since...