by Jim Crowder | Aug 15, 2013 | HOUSING MARKET
Total consumer debt fell 0.7% from the first quarter of 2013 to the second quarter according to the New York Fed’s quarterly household debt and credit report. Household delinquency rates decreased from 8.1% in the first quarter to 7.6% in the second. Meanwhile,...
by Jim Crowder | Aug 15, 2013 | HOUSING MARKET
Total consumer debt fell 0.7% from the first quarter of 2013 to the second quarter according to the New York Fed’s quarterly household debt and credit report. Household delinquency rates decreased from 8.1% in the first quarter to 7.6% in the second. Meanwhile,...
by Jim Crowder | Aug 14, 2013 | HOUSING MARKET
U.S. mortgage rates continue their slow increase helping the economy grow stronger. According to Freddie Mac, the average rate for 30-year fixed mortgages increased to 4.4% last week. Meanwhile, the average 15-year rate remained unchanged at 3.43%. Many experts say...
by Jim Crowder | Aug 13, 2013 | HOUSING MARKET
According to recent information, particular locations are doing better than others when it comes to the housing market. Housing prices have shot up in many areas and are expected to continue to grow over the next year. Locations like San Francisco, Los Angeles, San...
by Jim Crowder | Aug 12, 2013 | HOUSING MARKET
According to a recent report by the National Association of Realtors, the nation’s median home price has continued to grow in many metropolitan areas. 142 metropolitan cities posted gains in the second quarter of 2013 when compared to 2012. Meanwhile,...
by Jim Crowder | Aug 9, 2013 | HOUSING MARKET
U.S. home builders are noticing a large increase in demand. Builders saw a record-breaking second quarter in development and interest in housing for people 55+. The chairman of NAHB’s 50+ Housing Council and member of the Symphony Development Group, Robert Karen...
