by Jim Crowder | Jul 6, 2012 | HOUSING MARKET
Fannie Mae’s most recent Economic & Strategic Research Group says moderate growth is expected for the remainder of the year despite a recent slowing of economic gains. Doug Duncan, Fannie Mae’s chief economist, says the resilience of the economy and...
by Jim Crowder | Jul 5, 2012 | HOUSING MARKET
CoreLogic’s most recent National Foreclosure Report shows 63,000 foreclosures were completed in May, down from 77,000 a year ago and 27 percent below their peak in 2010. Mark Fleming, CoreLogic’s chief economist, said there have been more than 819,000...
by Jim Crowder | Jul 3, 2012 | HOUSING MARKET
The Joint Center for Housing Studies of Harvard University recently released their annual State Of the Nation’s Housing report. According to the report, there are several signs which indicate future gains for the market. Among them, the report cites...
by Jim Crowder | Jul 2, 2012 | HOUSING MARKET
The S&P/Case-Shiller Home Price Indices are a leading measure of U.S. home prices. The latest release, which covers data through the end of April, found prices up 1.3 percent from March. It was the first price increase after seven consecutive months of falling...
by Jim Crowder | Jun 29, 2012 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index is a forward-looking indicator based on contract signings but not closings. In May, the index climbed 5.9 percent from the previous month and is 13.3 percent above year-before levels. Lawrence Yun,...
by Jim Crowder | Jun 28, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage rates increased a percentage point but remained near all-time survey lows. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances rose...
