by Jim Crowder | Jan 24, 2012 | HOUSING MARKET
In the latest CoreLogic MarketPulse Report, analyst Mark Fleming says 2012 may be the year the housing market recovery picks up. Fleming cites improvement in the job market along with low mortgage rates and home prices as reasons to be optimistic that buyers will...
by Jim Crowder | Jan 23, 2012 | HOUSING MARKET
The latest monthly data from the National Association of Realtors shows existing-home sales up 5.0 percent in December, the third consecutive month of gains. Sales of previously owned homes rose 3.6 percent over the previous year and, for all of 2011, sales were up...
by Jim Crowder | Jan 20, 2012 | HOUSING MARKET
According to new residential construction estimates from the U.S. Census Bureau and the Department of Housing and Urban Development, single-family housing starts rose 4.4 percent in December. Building permits for single-family homes were also up for the month, rising...
by Jim Crowder | Jan 19, 2012 | HOUSING MARKET
The National Association of Home Builders/Wells Fargo Housing Market Index measures builder confidence in the market for new single-family homes. In January, the index rose for the fourth consecutive month and reached its highest level since June 2007. Bob Nielsen,...
by Jim Crowder | Jan 18, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, surged 23.1 percent last week from the week before. Refinance activity was up 26.4 percent and reached...
by Jim Crowder | Jan 17, 2012 | HOUSING MARKET
Fannie Mae’s Economics & Mortgage Market Analysis Group’s recently released economic outlook for 2012 calls for growth to slow during the first of half of the year and trend higher through the second-half of the year. The group’s economists...