by Jim Crowder | Apr 20, 2011 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Applications Survey, demand for mortgage loan applications rose 5.3 percent last week. The seasonally adjusted Purchase Index was up 10.0 percent from the week before, reaching its highest level since...
by Jim Crowder | Apr 19, 2011 | HOUSING MARKET
Construction of single-family homes climbed 7.7 percent in March, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Total housing starts rose 7.2 percent above February’s estimates. Building permits, an indicator of future...
by Jim Crowder | Apr 18, 2011 | HOUSING MARKET
The National Association of Home Builders/Wells Fargo Housing Market Index dropped a point in April, after rising to 17 in March. The Index has now been at 16 for five of the past six months. The monthly survey gauges builder perceptions of the market for newly built,...
by Jim Crowder | Apr 15, 2011 | HOUSING MARKET
According to a telephone survey of 2,142 adults from the Pew Research Center, 81 percent say that homeownership is the best long-term investment a person can make. The survey, conducted from March 15 to March 29, found that, among homeowners who say their home is...
by Jim Crowder | Apr 14, 2011 | HOUSING MARKET
Fannie Mae has thousands of foreclosed properties for sale. In desparation to get these homes sold, they are being offered at very attractive prices and with as little as a 3% down payment. This program is called the HomePath program and information...
by Jim Crowder | Apr 14, 2011 | HOUSING MARKET
During the first quarter of 2011, foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, were reported on 681,153 properties, a 27 percent drop from a year ago. According to RealtyTrac’s U.S. Foreclosure Market Report,...
