December 7, 2011 (Chris Moore) Weak housing demand took its toll on housing prices in October as monthly national home prices fell for the third consecutive month, declining 1.3 percent in October according to CoreLogic’s October Home Price Index (HPI). The Index expects flat growth due to supply and demand imbalances through 2013. […]
December 6, 2011 (Jeff Alan) The national average home price fell 1.2 percent to $202,000 for transactions completed in September putting U.S. home values more than thirty percent below their market peak value in 2006 according to Lender Processing Services (LPS) Home Price Index (HPI). […]
December 6, 2011 (Jeff Alan) Government Sponsored Enterprises (GSEs) Freddie Mac and Fannie Mae announced that they will be suspending foreclosure evictions from December 19, 2011, through January 2, 2011, for all occupied single family and 2-4 unit properties in their portfolios. […]
December 6, 2011 (Chris Moore) Weekly existing home sales volume and prices were relatively stable last week with both falling slightly from the previous week according to the National Home Sales Snapshot released by DataQuick. […]
December 5, 2011 (Jeff Alan) Although some recently released housing price indicators continue to show the long-term trend in housing prices remains negative, short-term trends suggest that the housing market may finally be showing signs of improvement according to the latest RPX Monthly Housing Report for September released by Radar Logic. […]
December 5, 2011 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Fort Lauderdale, Florida, on December 7th and 8th, 2011. The event is being held at the Greater Fort Lauderdale/Broward County Convention Center and will be open from 9:00 a.m. until 7:00 p.m. […]
December 5, 2011 (Shirley Allen) Monthly home sales declined in the Phoenix area in October but were still well above last year’s levels according to the latest data released from DataQuick. Despite the big gain in year-over-year sales, annual median sales prices declined for the 16th consecutive month. […]
December 2, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) has announced they will provide disaster relief assistance to homeowners and low-income renters in New Jersey who have been forced from their homes following severe storms that struck in October. […]
December 2, 2011 (Shirley Allen) Monthly mortgage loan applications to the Federal Housing Administration (FHA) remained virtually unchanged from September to October but were 26 percent below last year levels as refinance activity has almost fallen in half according to the agency’s Single-Family Outlook report for October. […]
