by Jim Crowder | Feb 17, 2012 | HOUSING MARKET
The U.S. Census Bureau and the Department of Housing and Urban Development’s new residential construction statistics for January show privately-owned housing starts rose to a seasonally adjusted annual rate of 699,000, exceeding economists’ expectations....
by Jim Crowder | Feb 16, 2012 | HOUSING MARKET
Builder sentiment rose for the fifth consecutive month in February, according to the National Association of Builders’ Housing Market index. The index measures builder confidence in the market for newly built, single-family homes on a scale where any number over...
by Jim Crowder | Feb 15, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for home loans was flat last week, with the Market Composite Index dipping just 1.0 percent after surging 7.5 percent the week before. The drop was caused by declines in the...
by Jim Crowder | Feb 14, 2012 | HOUSING MARKET
Fannie Mae’s National Housing Survey polls 1,000 Americans each month about their attitudes toward homeownership, mortgage rates, the economy, personal finances, and overall consumer confidence. January’s survey finds Americans more optimistic about the...
by Jim Crowder | Feb 13, 2012 | HOUSING MARKET
According to Gallup, Americans’ economic confidence and sense of well being both rose in January. Gallup’s Life Evaluation Index, which asks Americans to rate their current and future lives on a scale from 0 to 10, climbed to its highest level in 11...
by Jim Crowder | Feb 10, 2012 | HOUSING MARKET
The National Association of Realtors Housing Affordability Index reached a record high in 2011. The index, which began in 1970, measures the relationship between median home price, median family income, and average mortgage interest rate. The index defines 100 as the...
