by Jim Crowder | Nov 11, 2011 | HOUSING MARKET
RealtyTrac’s U.S. Foreclosure Market Report for October shows foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 230,678 properties during the month, down 31 percent from last year. But despite...
by Jim Crowder | Nov 10, 2011 | HOUSING MARKET
Housing affordability has increased dramatically over the past five years, due to price declines following the housing bubble’s collapse and mortgage rates near record lows. According to an analysis from David Stiff, chief economist at Fiserv, the monthly...
by Jim Crowder | Nov 9, 2011 | HOUSING MARKET
According to The Mortgage Bankers Associations Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell from 4.31 percent to 4.22 percent last week. The drop brought rates to their second lowest...
by Jim Crowder | Nov 8, 2011 | HOUSING MARKET
In a post for Standard & Poor’s Housing Views blog, David Blitzer, chairman of the index committee at S&P Indices, writes that an analysis of the most recent Case-Shiller price index and data from the Census Bureau shows that the rent:buy ratio has...
by Jim Crowder | Nov 7, 2011 | HOUSING MARKET
The housing market is a key driver of the broader economy and is typically at the forefront of any economic recovery. A healthy housing market creates jobs and spurs consumer spending, which is why there has been renewed focus on healing housing from the Federal...
by Jim Crowder | Nov 4, 2011 | HOUSING MARKET
The U.S. Department of Housing and Urban Development and U.S. Department of the Treasury released their October 2011 Housing Scorecard, which compiles key market data and the results of the administration’s recovery efforts though the end of September. Among the...
