Pending Home Sales Index Continues To Show Strength

September 28, 2012 by John · Leave a Comment 

According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.

New Home Supply Remains Firmly In “Seller’s Market” Territory

September 27, 2012 by John · Leave a Comment 

According to the U.S. Census Bureau, the number of new homes sold slipped 0.3 percent in August 2012 to a seasonally-adjusted, annualized 373,000 units sold.

Home Price Index Shows Values Rising 3.7% From One Year Ago

September 26, 2012 by John · Leave a Comment 

Home values have not dropped month-to-month since January of this year — a span of 6 months.

Existing Home Sales Leap To 2-Year High

September 25, 2012 by John · Leave a Comment 

According to the National Association of REALTORS┬«, 4.82 million “existing homes” sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011.

What’s Ahead For Mortgage Rates This Week : September 24, 2012

September 24, 2012 by John · Leave a Comment 

Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.

30-Year Fixed Rate Mortgage Drops To 3.49% — An All-Time Low

September 21, 2012 by John · Leave a Comment 

For the first time in 9 weeks, mortgage rates have made new lows.

Housing Starts Move To 2-Year High

September 20, 2012 by John · Leave a Comment 

Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.

Homebuilder Confidence Rises Again; Tops 40

September 19, 2012 by John · Leave a Comment 

As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September — its highest mark since June 2006.

Foreclosures Remain Concentrated In Just A Few States

September 18, 2012 by John · Leave a Comment 

According to foreclosure data firm RealtyTrac, foreclosure activity increased 1 percent in August as compared to the month prior, climbing to just above 193,500 units nationwide.

What’s Ahead For Mortgage Rates This Week : September 17, 2012

September 17, 2012 by John · Leave a Comment 

Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.

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