by Jim Crowder | May 23, 2011 | HOUSING MARKET
Fannie Mae’s First Quarter National Housing Survey found Americans are more optimistic about home prices, the economy, and their personal finances than they were during the last quarter of 2010. According to the survey, which polled homeowners and renters...
by Jim Crowder | May 20, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s National Delinquency Survey, the mortgage market has improved in every category of default. During the first quarter, the combined percentage of loans in foreclosure or at least one payment past due was 12.31...
by Jim Crowder | May 19, 2011 | HOUSING MARKET
Although existing-home sales have risen in six of the past nine months, sales in April were virtually unchanged from the month before. According to The National Association of Realtors, existing-home sales eased 0.8 percent to a seasonally adjusted annual rate of 5.05...
by Jim Crowder | May 18, 2011 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Mortgage Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages fell to 4.60 percent last week from 4.67 percent the week before. Mortgage rates have fallen for five...
by Jim Crowder | May 17, 2011 | HOUSING MARKET
Due to volatility in multifamily construction, privately-owned housing starts fell 10.6 percent in April, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Construction of new single-family homes dropped 5.1 percent after gaining...
by Jim Crowder | May 16, 2011 | HOUSING MARKET
The National Association of Home Builders/Wells Fargo Housing Market Index has remained unchanged for six of the past seven months, holding steady in May at 16. The index ranks builder confidence in the market for newly built, single-family homes on a scale where any...
