by Jim Crowder | Sep 13, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Application Survey, demand for mortgage loans surged last week from the week before. The Market Composite Index, which measures both refinance and purchase activity, was up 11.1 percent due to a 12 percent...
by Jim Crowder | Sep 12, 2012 | HOUSING MARKET
The National Association of Home Builders Improving Markets Index lists metropolitan areas that have shown six consecutive months of improvement in housing permits, employment, and home prices. In September, the index reached a total of 99, up 19 over August’s...
by Jim Crowder | Sep 11, 2012 | HOUSING MARKET
The results of Fannie Mae’s August 2012 National Housing Survey show Americans are uncertain about the direction of the economy but are optimistic about the housing market. According to the latest survey, which polled 1,001 Americans to assesses their attitudes...
by Jim Crowder | Sep 10, 2012 | HOUSING MARKET
The amount of time it takes to sell a home has fallen dramatically over the past year, according to new estimates. In July, the median amount of time a home was on the market was 69 days, which is 29.6 percent below last year when it was 98 days. The data, released by...
by Jim Crowder | Sep 7, 2012 | HOUSING MARKET
Trulia’s Price Monitor measures asking price, rather than sales price, in order to provide the most current information on housing market trends and home values. In August, prices posted their seventh straight monthly increase and a 2.3 percent year-over-year...
by Jim Crowder | Sep 6, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell last week from the week before. But, despite decreasing rates, mortgage application volume also decreased last week. The Market Composite Index, which...