by Jim Crowder | Feb 1, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, dipped 2.9 percent last week. The Market Index’s four-week moving average, however, is up 4.11...
by Jim Crowder | Jan 31, 2012 | HOUSING MARKET
The S&P/Case-Shiller Home Price Indices, the most closely followed measure of national home values, registered a decline of 0.7 percent for their 20-city composite index through November, a bigger drop than the 0.5 percent forecast by economists. David Blitzer,...
by Jim Crowder | Jan 30, 2012 | HOUSING MARKET
According to the Thomson Reuters/University of Michigan consumer sentiment index, Americans’ confidence in the economy rose again in January. The overall reading for the month rose to 75.0 from 69.9 in December. It was the highest reading since February 2011 and...
by Jim Crowder | Jan 27, 2012 | HOUSING MARKET
The U.S. Department of Housing and Urban Development and the U.S. Census Bureau’s New Residential Sales report for December shows new home sales slowed after three consecutive months of gains. According to the report, sales of new single-family houses were at a...
by Jim Crowder | Jan 26, 2012 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index fell 3.5 percent in December but remains 5.6 percent above the previous year’s level. Lawrence Yun, NAR’s chief economist, says the trend line remains positive despite the dip. According...
by Jim Crowder | Jan 25, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, total mortgage application volume fell last week following the previous week’s surge in activity. The Market Composite Index, which measures both refinance and purchase...
