by Jim Crowder | Dec 27, 2011 | HOUSING MARKET
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales report for November shows sales of new single-family homes rose 1.6 percent over October’s pace to a seasonally adjusted annual rate of 315,000. The...
by Jim Crowder | Dec 23, 2011 | HOUSING MARKET
According to estimates from the National Association of Realtors, existing home sales, including single-family, townhomes, condominiums, and co-ops, rose 4.0 percent in November over October’s rate and were up 12.2 percent over the 3.94 million-unit pace in...
by Jim Crowder | Dec 22, 2011 | HOUSING MARKET
In November, privately-owned housing starts rose 9.3 percent and reached their highest level in a year and a half. According to The U.S. Census Bureau and the Department of Housing and Urban Development, the spike in residential construction drove total housing starts...
by Jim Crowder | Dec 21, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, average mortgage rates fell again last week, though total mortgage application volume also was down. The Market Composite Index, which measures both refinance and purchase activity,...
by Jim Crowder | Dec 20, 2011 | HOUSING MARKET
The National Association of Home Builders/Wells Fargo Housing Market Index measures builder confidence in the market for newly built, single-family homes. In December, the index improved for the third straight month and reached its highest point since May 2010. David...
by Jim Crowder | Dec 19, 2011 | HOUSING MARKET
According to Freddie Mac’s December 2011 U.S. Economic and Housing Market Outlook, 2012 should bring stronger economic growth, a better job market, and an increase in housing activity. Frank Nothaft, Freddie Mac’s chief economist, says the economy grew at...
