by Jim Crowder | Sep 5, 2012 | HOUSING MARKET
The latest 2012 Economic and Housing Outlook from National Association of Realtors’ chief economist Lawrence Yun calls for modest economic growth and continued improvement for the housing market. Yun’s forecast says, though real GDP growth was 1.5 percent...
by Jim Crowder | Sep 4, 2012 | HOUSING MARKET
RealtyTrac’s Q2 2012 U.S. Foreclosure Sales Report found foreclosure-related sales fell in the second quarter. Sales of homes in some stage of foreclosure accounted for 23 percent of all residential sales, up from 22 percent in the first quarter. But though they...
by Jim Crowder | Aug 31, 2012 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index is a forward-looking indicator that measures the number of signed contracts that occur each month. In July, the index rose 2.4 percent, reaching a two-year high and climbing 12.4 percent over...
by Jim Crowder | Aug 30, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the seasonally adjusted Purchase Index increased more than 1.0 percent last week. But despite the improvement in demand for home purchase loans, the Market Composite Index, which...
by Jim Crowder | Aug 29, 2012 | HOUSING MARKET
The majority of metropolitan areas covered by Zillow’s Home Value Index saw increasing home prices in July. Of the 167 areas included, 62 percent experienced price increases from the month before, with Phoenix seeing the largest spike in values. Nationally,...
by Jim Crowder | Aug 28, 2012 | HOUSING MARKET
Freddie Mac’s August 2012 U.S. Economic & Housing Market Outlook examines the so-called shadow inventory and whether there are a significant number of distressed properties soon to hit the market and erase recent price gains. The concern over the shadow...
