by Jim Crowder | Sep 3, 2013 | HOUSING MARKET
Home values have increased over the last year helping to pull many homeowners out of the water. From June 2012 to June 2013, approximately 3.2 million homeowners gained home equity. According to the Case-Shiller’s 20-city index report, the notable decrease in...
by Jim Crowder | Aug 30, 2013 | HOUSING MARKET
Foreclosures dropped in the U.S. according to a report released by CoreLogic. As further proof the housing market continues to make significant strides in recovery, foreclosures fell by 65,000 in July. The number of completed foreclosures averaged around 49,000, down...
by Jim Crowder | Aug 29, 2013 | HOUSING MARKET
Mortgage applications fell for the third week in the United States as mortgage rates continue to rise. Mortgage rates have reached the highest level this year but have yet to affect purchase loan demands. According to the Mortgage Bankers Association, the seasonally...
by Jim Crowder | Aug 28, 2013 | HOUSING MARKET
Home prices in the United States increased in June, although gains fell. Experts are suggesting that, as mortgage rates continue to jump, the housing momentum may cool down as the year comes to an end. According to the S&P/Case Shiller composite index of 20...
by Jim Crowder | Aug 27, 2013 | HOUSING MARKET
According to data released by the United States government, new home sales dropped in July by 13.4%. Housing market experts suggest that the recent fall in home sales could be due to the rise in mortgage rates. Although mortgage rates are expected to continue to...
by Jim Crowder | Aug 26, 2013 | HOUSING MARKET
Housing starts have increased as the economy grows. As a result, an increasing number of Americans can afford to add-on or build homes. According to Deloitte, housing starts jumped 35% year-over-year in this year’s first quarter. As housing starts grow, along...