by Jim Crowder | Apr 27, 2012 | HOUSING MARKET
According to the National Association of Realtors, pending home sales rose 4.1 percent in March and are 12.8 percent above year-before levels. Pending sales, which reflect contract signings but not closings, are now at their highest level since April 2010. Lawrence...
by Jim Crowder | Apr 26, 2012 | HOUSING MARKET
CoreLogic’s MarketPulse report comes out monthly and provides analysis of the current and future economic climate and, in particular, the housing and mortgage markets. In their April report, CoreLogic’s chief economist Market Fleming and senior economist...
by Jim Crowder | Apr 25, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to purchase homes increased 2.7 percent from the previous week. But despite the gains, total mortgage loan application volume fell 3.8 percent due to a drop in refinance...
by Jim Crowder | Apr 24, 2012 | HOUSING MARKET
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales Report for March 2012 shows that sales of new single-family homes are up 7.5 percent over the previous year’s pace. According to the report, new home sales...
by Jim Crowder | Apr 23, 2012 | HOUSING MARKET
According to the most recent results of Gallup’s U.S. Economic Confidence Index, Americans’ confidence in the economy is nearing a four-year high. The index is based on a survey of 3,000 individuals and gauges Americans’ perception of the current...
by Jim Crowder | Apr 20, 2012 | HOUSING MARKET
Sales of previously owned homes were down 2.6 percent in March but gained 5.2 percent from last year’s levels. According to the National Association of Realtors, existing-home sales, which include single-family, townhomes, condominiums, and co-ops, fell to a...