Archives for April 2015

Demand Slows With Mortgage Rate Increase

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates on 30-year fixed-rate mortgages with conforming loan balances rose slightly last week. In fact, average rates increased across most loan categories, including loans backed by … [Read more...]

Americans Say Real Estate Is The Best Investment

A recent survey of Americans found that more respondents named real estate as the best long-term investment over stocks, gold, savings accounts/CDs, or bonds for the second-straight year. The results, recently released by Gallup, showed 31 percent of Americans chose real … [Read more...]

60% Of Metro Markets Show Improving Trend

The housing market's recovery has been a gradual one, with many ups-and-downs along the way. Of late, the news has been optimistic and generally positive with many analysts forecasting stronger gains ahead. But despite the rosy outlook, there is still a lot of room for … [Read more...]

New Home Sales Up 20% From Last Year

In March, sales of newly built, single-family homes slowed from the month before, falling 11.4 percent, according to new estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. However, new home sales are now nearly 20 percent higher … [Read more...]

Home Sales Start Spring With A Surge

New numbers from the National Association of Realtors show sales of previously owned homes up 6.1 percent in March from the month before. The increase was the largest one month improvement since 2010 and brought sales to their highest annual rate since September 2013. … [Read more...]

Demand For Loans To Buy Homes Rises Again

According to the Mortgage Bankers Association's Weekly Applications Survey, the number of prospective home buyers requesting applications for loans to buy homes has risen four of the past five weeks. Last week, the seasonally adjusted purchase index was up 5 percent from the … [Read more...]

When Will Return Buyers Come Back To The Market?

Between 2006 and 2014, nearly 9.3 million borrowers were foreclosed on, received a deed in lieu of foreclosure, or short sold their home. If, when, and how these former homeowners return to the housing market will likely have a significant impact on residential real estate … [Read more...]

Homes For Sale Selling Faster Than Last Year

Homes for sale are selling more quickly this year than they were at the same time last year, according to a new analysis. The data, collected by Trulia, looked at the number of homes listed for sale on February 5 and tracked how many of those homes were still for sale on … [Read more...]

Home Builders See Brighter Days Ahead

The National Association of Home Builders' Housing Market Index measures home builders' confidence in the market for newly built single-family homes. The survey, which has been conducted for the past 30 years, gauges perception of the market on a scale where any number above … [Read more...]

New Home Construction Rises In March

Estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show the number of new homes that began construction in March was 2 percent higher than the month before. The improvement included a 4.4 percent increase in single-family housing … [Read more...]