by Jim Crowder | Oct 1, 2012 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index slipped in August after hitting a two-year high in July. The index, a future indicator of existing-home sales based on contract signings but not closings, fell 2.6 percent, though it remains at...
by Jim Crowder | Sep 28, 2012 | HOUSING MARKET
In August, sales of new single-family homes were 0.3 percent below July’s upwardly revised annual rate of 374,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. New home sales were at a seasonally...
by Jim Crowder | Sep 27, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for mortgage loan applications grew last week as rates dropped to another survey low. The Market Composite Index, which measures both refinance and purchase loan volume, increased...
by Jim Crowder | Sep 26, 2012 | HOUSING MARKET
The S&P/Case-Shiller Home Price Indices are among the most closely followed measures of home values in the United States. They are intended to accurately track the price path of single-family homes in each of the included metropolitan areas. According to the...
by Jim Crowder | Sep 25, 2012 | HOUSING MARKET
According to the most recent release from Fannie Mae’s Economic and Strategic Research Group, the housing market’s performance during the second quarter has been increasingly positive despite sluggishness in the broader economy. Home prices have begun to...
by Jim Crowder | Sep 24, 2012 | HOUSING MARKET
The latest estimates from the U.S. Census Bureau and the Department of Housing and Urban Development show construction of new homes gaining ground in August. According to the report, housing starts rose 2.3 percent above July’s estimate of 733,000 and are 29.1...
