by Jim Crowder | Mar 14, 2014 | HOUSING MARKET
Home prices have jumped, and in turn, an increasing number of houses have been put on the market, increasing supply in many U.S. cities. The median home price averaged $199,000, up 7.6% from this time last year. Home sellers and economists are hoping for a large...
by Jim Crowder | Mar 13, 2014 | HOUSING MARKET
Research shows that millennials have now reached an age where homeownership activity typically increases, and the increased activity is expected to strengthen the housing market. According to the National Association of Realtors annual survey of recent homebuyers,...
by Jim Crowder | Mar 12, 2014 | HOUSING MARKET
According to the most recent report from the Mortgage Bankers Association, mortgage credit continues to improve. The mortgage credit availability index increased 0.44%, averaging 113.5 last month. Experts say that if the MCAI was tracked in 2007, the index would be...
by Jim Crowder | Mar 11, 2014 | HOUSING MARKET
Home sales in the U.S. continue to increase as foreclosure rates fall according to the Obama Administration’s February scorecard. Although the housing market is making impressive strides, many officials remain cautious, suggesting that the market is still in a...
by Jim Crowder | Mar 10, 2014 | HOUSING MARKET
Recent reports have shown that the economy is gaining more strength and continuing to show improvement. The Federal Reserve suggested that lower borrowing costs may be the reason behind an increasing number of consumers borrowing money for home and vehicle purchases....
by Jim Crowder | Mar 7, 2014 | HOUSING MARKET
A new article in the Financial Times suggests that an increasing number of financial advisors specializing in retirement are starting to think of reverse mortgages as “lifesavers” for those who qualify living in negative financial circumstances. The...
