by Jim Crowder | Aug 1, 2012 | HOUSING MARKET
Though job creation numbers have slowed during the second quarter, the housing market continues to show signs of improvement. According to Freddie Mac’s most recent Economic Outlook report, record-low mortgage rates and a revamped HARP program have fueled a...
by Jim Crowder | Jul 31, 2012 | HOUSING MARKET
Every month, Trulia’s Housing Barometer measures the real-estate recovery based on construction data from the U.S. Census Bureau, existing-home sales numbers from the National Association of Realtors, and foreclosure statistics from LPS First Look. The barometer...
by Jim Crowder | Jul 30, 2012 | HOUSING MARKET
According to the National Association of Realtors, pending home sales were down 1.4 percent in June but remain 9.5 percent above last year’s levels. The Pending Home Sales Index came in at 99.3 in June, down from 100.7 in May. Lawrence Yun, NAR’s chief...
by Jim Crowder | Jul 27, 2012 | HOUSING MARKET
Estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show sales of new single-family houses were at a seasonally adjusted annual rate of 350,000 in June, which is 15.1 percent above last year’s rate of 304,000. But,...
by Jim Crowder | Jul 26, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity rose 2.0 percent last week, reaching its highest level since April 19, 2009. The increase followed a 22 percent surge the week before and pushed the refinance share of...
by Jim Crowder | Jul 25, 2012 | HOUSING MARKET
A recent Gallup poll found that Americans are more optimistic when asked about their local economy than they are when asked to assess the economic condition of the world as a whole. Nearly 50 percent of polled Americans said their local economic conditions were...
