by Jim Crowder | Sep 6, 2011 | HOUSING MARKET
Nearly 27 percent of the nation’s households are made up of people who live alone, according to an Associated Press analysis of 2010 census data. Among that 27 percent, more women than men live alone, in part due to the fact that older women tend to outlive...
by Jim Crowder | Sep 2, 2011 | HOUSING MARKET
The U.S. Department of Housing and Urban Development and the U.S Department of the Treasury’s August Housing Scorecard paints a mixed picture of the housing market and the administration’s recovery and mortgage modification efforts. The report says the...
by Jim Crowder | Sep 1, 2011 | HOUSING MARKET
Despite uncertainty in the economy and job market, housing data has shown modest improvement, according to Fannie Mae’s most recent monthly economic forecast. According to the report, new home sales and housing starts were up during the second quarter and home...
by Jim Crowder | Aug 31, 2011 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages fell to 4.32 percent after rising to 4.39 percent the week before. At 4.32 percent, mortgage rates are now back to...
by Jim Crowder | Aug 30, 2011 | HOUSING MARKET
In the second quarter of 2011, national home prices rose 3.6 percent. According to the Standard & Poor’s /Case-Shiller home price index, prices were up in June from May in 19 of the 20 cities tracked. David M. Blitzer, chairman of the index committee at...
by Jim Crowder | Aug 29, 2011 | HOUSING MARKET
The National Association of Realtors’ Pending Home Sales Index, which measures contract signings but not closings, is 14.4 percent above July 2010 despite falling 1.3 percent from June. Lawrence Yun, NAR’s chief economist, said contract activity has been...
