by Jim Crowder | Jul 24, 2012 | HOUSING MARKET
The housing recovery is real and broad based, according to a new national housing report. The report, which compiles MLS data from approximately 53 metropolitan areas across the country, found home sales have now risen for 12 consecutive months and prices have been...
by Jim Crowder | Jul 23, 2012 | HOUSING MARKET
According to the National Association of Realtors, sales of previously owned homes were 4.5 percent higher in June than they were the year before, despite falling 5.4 percent month-over-month. Lawrence Yun, NAR’s chief economist, said buyer interest remains...
by Jim Crowder | Jul 20, 2012 | HOUSING MARKET
Construction of new homes and apartments rose 6.9 percent in June, reaching the highest level since October 2008. The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Construction Report shows privately-owned housing...
by Jim Crowder | Jul 19, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance demand surged last week as mortgage rates fell to yet another survey low. The Refinance Index rose 22 percent from the week before and is near its highest level this year....
by Jim Crowder | Jul 18, 2012 | HOUSING MARKET
Fannie Mae’s National Housing Survey polls 1,001 Americans each month to assess their attitudes toward homeownership, renting, mortgage rates, foreclosures, the economy, household finances, and overall consumer confidence. The results of June’s survey show...
by Jim Crowder | Jul 17, 2012 | HOUSING MARKET
The National Association of Home Builders’ Improving Markets Index identifies metropolitan areas that have shown six consecutive months of improvement in housing permits, employment, and home prices. In July, the index rose by four to include 84 metropolitan...