by Jim Crowder | Aug 17, 2012 | HOUSING MARKET
The National Association of Home Builders Housing Market Index is a measure of builders’ perception of the market for newly built, single-family homes on a scale where any number above 50 indicates that more builders view sales conditions as good than poor. In...
by Jim Crowder | Aug 16, 2012 | HOUSING MARKET
The Mortgage Bankers Association’s Weekly Applications Survey covers more than 75 percent of all retail residential mortgage applications. Last week, the survey found average contract interest rates for 30-year fixed-rate mortgages unchanged from the previous...
by Jim Crowder | Aug 15, 2012 | HOUSING MARKET
According to Fannie Mae’s Economic and Strategic Research Group, an uncertain job market and weakened consumer spending have slowed economic growth after a strong first quarter. But, despite the slowdown, the housing market continues to show improvement. Doug...
by Jim Crowder | Aug 14, 2012 | HOUSING MARKET
New data released by the National Association of Realtors shows home prices improving and poised for further gains this year. During the second quarter, median existing single-family home prices rose in 100 of 147 metropolitan statistical areas compared to the same...
by Jim Crowder | Aug 13, 2012 | HOUSING MARKET
The National Association of Home Builders Improving Markets Index lists metropolitan areas that have shown improvement from their respective bottoms in employment, housing permits, and prices. In August, the list includes 80 cities across 32 states and the District of...
by Jim Crowder | Aug 10, 2012 | HOUSING MARKET
An analysis of more than 200 metropolitan areas and 7,500 cities found that buying is a better deal than renting in a majority of U.S. markets. Conducted by Zillow, the analysis showed that, in more than 75 percent of metropolitan areas, a homeowner could expect to...