by Jim Crowder | Apr 1, 2014 | HOUSING MARKET
Consumer confidence in the United States jumped to a six-year high last month while home prices also showed measurable gains at the beginning of the year. Many experts suggest that the slump experienced in February was due to extreme winter weather conditions. Ryan...
by Jim Crowder | Mar 31, 2014 | HOUSING MARKET
According to Trulia’s Housing Barometer, the housing market is recovering and has made a significant improvement over the last 12 months. The report shows that four out of the five housing indicators have improved from last year. The Housing Barometer is made up...
by Jim Crowder | Mar 28, 2014 | HOUSING MARKET
According to Freddie Mac, average fixed mortgage rates increased from the previous week. Mortgage rates are still considered historically low, but are expected to increase over time. Freddie Mac chief economist, Frank Nothaft said, “mortgage rates rose following...
by Jim Crowder | Mar 27, 2014 | HOUSING MARKET
Many lenders are now beginning to offer subprime mortgages to those with credit scores under 640. After the housing bubble burst, many borrowers with poor credit scores were eliminated from the mortgage market, but according to recent data, many of these borrowers are...
by Jim Crowder | Mar 26, 2014 | HOUSING MARKET
The Conference Board’s consumer confidence index increased by 4.4 points, averaging 81.7, the highest level seen since early 2008. This new data suggests that now is a great time for buying a home. The Director of Economic Indicators at The Conference Board,...
by Jim Crowder | Mar 25, 2014 | HOUSING MARKET
According to 2014 spring housing market data, this year will be prime time to sell. Mortgage rates are still historically low, and many sellers have been putting off selling their homes until the brutal winter has come to an end. Experts say there are a few things to...
