by Jim Crowder | Jan 5, 2012 | HOUSING MARKET
In an economic forecast posted to Freddie Mac’s Executive Perspectives Blog, Frank Nothaft, Freddie Mac’s chief economist, says 2012 should see improvement in both the general economy and the housing market. Nothaft expects new construction and home sales...
by Jim Crowder | Jan 4, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, was 39 percent higher in the last two weeks of 2011 than at the end of 2010. But despite the...
by Jim Crowder | Jan 3, 2012 | HOUSING MARKET
According to Fannie Mae’s Economic and Mortgage Market Analysis Group’s most recent news release, the housing market is headed in the right direction based on economic activity during the fourth quarter of 2011. The end of the year saw economic growth of...
by Jim Crowder | Dec 30, 2011 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index rose 7.3 percent to 100.1 in November and is 5.9 percent above last year’s levels. The improvement brought pending sales to their highest level since April 2010 when the homebuyer tax credit...
by Jim Crowder | Dec 29, 2011 | HOUSING MARKET
Positive economic indicators have economists expressing cautious optimism for the housing market in the year ahead. As the year ends, housing prices appear to have stabilized, supply is on the decline, and banks are beginning to loosen lending standards. According to...
by Jim Crowder | Dec 28, 2011 | HOUSING MARKET
According to a study from the Mortgage Bankers Association titled The Great Recession and Attitudes Toward Homebuying, nearly 80 percent of American households believe now is a good time to purchase a home. The research examined consumer attitudes toward homeownership...
