Housing Starts Slow But Up From Last Year

Thursday, April 21st, 2016

Housing Starts Slow But Up From Last Year New estimates from the U.S. Census Bureau and the Department of Housing and Urban Development show the number of new homes that broke ground in March fell nearly 9 percent from February’s figure. But though housing starts dropped month-over-month, they remain 14.2 percent above last year. Monthly […]

Foreclosure Inventory Lowest Since 2007

Thursday, April 14th, 2016

Foreclosure Inventory Lowest Since 2007 In February, the foreclosure inventory rate was the lowest for any month since November 2007, according to new numbers released by CoreLogic. Their February 2016 National Foreclosure Report shows foreclosure inventory was down 24 percent from one year earlier and now represents just 1.1 percent of all homes with a […]

Rising Incomes Key To Housing Growth

Friday, January 22nd, 2016

Rising Incomes Key To Housing Growth For many months, real estate analysts and economists have been forecasting improved home sales and housing activity this spring and throughout 2015. Part of the reason for the optimistic outlook has been the improving job market and the expectation that Americans would begin to see increasing incomes this year. […]

Homes prices is affected by the Number Of Bathrooms

Thursday, July 23rd, 2015

Homes prices is affected by the Number Of Bathrooms When shopping for a house to buy, there are a number of features that could rank highly on a home buyer’s must-have list. Anything from a pool to energy-efficient appliances, a big kitchen, or extra storage space might rank near the top. And houses with the […]

New Homes Offer Energy Efficient Features Buyers Love

Thursday, July 23rd, 2015

New Homes Offer Energy Efficient Features Buyers Love Increasingly, home buyers say energy efficient features, such as low-E windows, Energy Star-rated appliances, and programmable thermostats, top the list of things they most want to have in their new house. And, according to a release from the National Association of Home Builders, more builders are including […]

Demand For Loans To Buy Homes Spikes

Tuesday, July 21st, 2015

Demand For Loans To Buy Homes Spikes According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to buy homes rose 6 percent last week from the week before and is now 8 percent higher than the same week one year ago. The improvement may be an indication that potential buyers are ready […]

Home Price Increases Continue To Shrink

Tuesday, July 21st, 2015

Home Price Increases Continue To Shrink   Home prices are still increasing but at a slightly slower pace than before, according to the latest results of the S&P/Case-Shiller Home Price Indices. Considered the leading measure of home prices, S&P’s indexes track home prices on a monthly and yearly basis. The most recent results show home […]

Pending Home Sales Near 2-Year High In February

Sunday, July 19th, 2015

Pending Home Sales Near 2-Year High In February The National Association of Realtors’ Pending Home Sales Index is a measure of how many contracts to buy homes were signed during the month. Because it gauges the number of signed contracts, rather than closings, the index is a good indicator of future sales of previously owned […]

Accelerated Housing Activity In The Forecast

Sunday, July 19th, 2015

Accelerated Housing Activity In The Forecast Economic growth slowed during the first quarter of the year because of harsh winter weather in the Northeast and Midwest and the port strike on the West Coast. But, according to Fannie Mae’s Economic and Strategic Research Group, growth is going to rebound and will continue to improve through […]

Strong Spring Still Expected Despite Winter Woes

Saturday, July 18th, 2015

As 2014 came to a close, positive economic reports lead many real estate analysts to forecast a solid spring selling season and continued housing improvement throughout 2015. The rosy outlook was based on falling unemployment numbers, historically low mortgage rates, and pent-up buyer demand. The combination of these factors was supposed to help balance the […]