by Jim Crowder | Aug 9, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage application volume slipped slightly last week though rates remain near record lows. The Market Composite Index, which measures total mortgage loan application volume, fell 1.8...
by Jim Crowder | Aug 8, 2012 | HOUSING MARKET
The U.S. Census Bureau’s Second Quarter Residential Vacancy and Homeownership report shows little movement in either the vacancy rate for homeowner housing or the national homeownership rate. But, according to their estimates, the numbers are moving in the right...
by Jim Crowder | Aug 7, 2012 | HOUSING MARKET
The most recent housing scorecard from the U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury collects key housing market data and tracks the impact of the administration’s foreclosure prevention programs. In July, the...
by Jim Crowder | Aug 6, 2012 | HOUSING MARKET
RealtyTrac’s Midyear 2012 Metropolitan Foreclosure Market Report shows foreclosure activity increased in 125 of the nation’s 212 metro areas with a population over 200,000 during the first half of the year. But despite the increases, 129 of the included...
by Jim Crowder | Aug 3, 2012 | HOUSING MARKET
For the past few years, problems of excessive inventory have plagued the housing market. Whether it was concern about the number of homes in the shadow inventory or downward pressure on prices caused by too many for-sale properties and not enough buyers, inventory was...
by Jim Crowder | Aug 2, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Refinance Index increased 0.8 percent last week and is now at its highest level since April 17, 2009. The increase marks the third consecutive week of improvement and follows a 2.0...