Archives for February 2015

New Home Sales Unchanged From Month Before

New estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show sales of new single-family homes relatively unchanged in January from December's figure. In fact, the number of new homes sold dropped just 0.2 percent from the month … [Read more...]

Mortgage Rates Climb Again Last Week

According to the Mortgage Bankers Association's Weekly Applications Survey, mortgage rates rose again last week with increases seen across all loan categories, including 30-year fixed-rate mortgages with both conforming and jumbo balances, loans backed by the Federal Housing … [Read more...]

Latest Measure Finds Home Prices Mostly Flat

The S&P / Case-Shiller Home Price Indices are considered the leading measure of U.S. home prices. And according to the most recent release, home prices across the country were mostly flat at the end of last year, on both a monthly and annual basis. In fact, the 20-City … [Read more...]

Existing Home Sales Up 3 Percent From Last Year

Though sales of previously owned homes were slow in January, they were higher than last year's numbers by 3.2 percent, the fourth consecutive month of year-over-year improvement. The estimates, released by the National Association of Realtors, show January home sales up over … [Read more...]

Report Finds Market Ready For Home Buyers

A new analysis from Clear Capital says this year's housing market is primed for traditional home buyers and 2015 will see a strengthening of what has, until now, been a gradual recovery. According to the report, “2015 has the promise of a transitional year where full buyer … [Read more...]

New Home Construction Slips In January

New estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show both the number of new homes authorized to be built and the number of new homes that began construction fell in January. Building permits, which are a future indicator … [Read more...]

Mortgage Rates Increase, Still Near Historic Lows

According to the Mortgage Bankers Association's Weekly Applications Survey, mortgage rates increased last week across all loan categories, including 30-year fixed-rate loans with conforming and jumbo balances, mortgages backed by the Federal Housing Administration, and … [Read more...]

Builders Confident Despite Slow February

Because builders have an unique perspective on the market for newly built single-family homes, their outlook is a valued measure of the housing market's health. For example, the National Association of Home Builders Housing Market Index is a widely followed survey of home … [Read more...]

Boomeranging Millennials To Become Future Buyers

According to new research from the National Association of Home Builders, 90 percent of young Americans born between 1980 and 1984 moved out of their parents' home before the age of 27. Half of them, however, eventually moved back in with their parents. This phenomenon, … [Read more...]

Can You Trust The Home Price Estimates You Found Online?

These days, there's no shortage of information a prospective home buyer or seller can find online about their local real-estate market. More so than ever before, an owner or buyer can locate all sorts of details and data on a particular property with just the click of a … [Read more...]