by Jim Crowder | Mar 15, 2012 | HOUSING MARKET
RealtyTrac’s U.S. Foreclosure Market Report for February 2012 shows foreclosure filings, including scheduled auctions, default notices, and bank repossessions, fell 2.0 percent in February and were down 8.0 percent from the previous year. Despite the fact that...
by Jim Crowder | Mar 14, 2012 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to purchase homes reached its highest level since January 13 after rising 4.4 percent last week. It is the third consecutive week of improvements and puts purchase...
by Jim Crowder | Mar 13, 2012 | HOUSING MARKET
Barclays Capital recently upgraded their outlook on homebuilder stocks based on increased optimism in the housing market. Improvements in builder and consumer confidence, combined with economic growth and more favorable inventory levels, have homebuilders expecting a...
by Jim Crowder | Mar 12, 2012 | HOUSING MARKET
The economy added 227,000 jobs in February and surpassed economists’ expectations, according to the U.S. Bureau of Labor Statistics. Employment improved in professional and business services, health care and social assistance, leisure and hospitality,...
by Jim Crowder | Mar 9, 2012 | HOUSING MARKET
Sales of distressed properties, including short sales and REO transactions, put downward pressure on home prices. For this reason, CoreLogic’s Home Price Index measures values including and excluding distressed sales. In January, the index showed a...
by Jim Crowder | Mar 8, 2012 | HOUSING MARKET
Each month, Fannie Mae’s National Housing Survey polls Americans to assess their attitudes toward homeownership, renting, mortgage rates, the economy, their personal finances, and overall consumer confidence. February’s survey found respondents’...
