by Jim Crowder | Oct 18, 2011 | HOUSING MARKET
The National Association of Home Builders/Wells Fargo Housing Market Index rose four points to 18 in October, the largest one-month increase since April of 2010. The index measures builder confidence in the market for newly built, single-family homes on a scale where...
by Jim Crowder | Oct 17, 2011 | HOUSING MARKET
With mortgage rates hovering near all-time lows, a bipartisan group of senators has sent a letter urging the Obama administration to make changes to the Home Affordable Refinance Program in order to help more homeowners take advantage of the historically low rates....
by Jim Crowder | Oct 14, 2011 | HOUSING MARKET
The number of homes for sale at the end of September was down 3.27 percent from August and 20.09 percent from one year previous. According to data released by the National Association of Realtors, the national inventory of single-family homes, condominiums,...
by Jim Crowder | Oct 13, 2011 | HOUSING MARKET
RealtyTrac’s U.S. Foreclosure Market Report for the third quarter shows foreclosure filings were reported on 214,855 properties in September, which is a 6 percent drop from August and the twelfth straight month foreclosure activity was down on a year-over-year...
by Jim Crowder | Oct 12, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the Market Composite Index, which measures total mortgage loan application volume, rose 1.3 percent last week from the previous week. The Refinance Index was up 1.3 percent and the...
by Jim Crowder | Oct 11, 2011 | HOUSING MARKET
Among respondents to Trulia’s biannual American Dream survey, 57 percent said owning a home is the best long-term investment they could make, placing it ahead of their 401K and other retirement accounts. The survey, which polled 2,207 adults over the age of 18...
