July 23, 2012 (Chris Moore) Jacksonville has been chosen by Wells Fargo & Company to become the ninth market in the nation to join the bank’s NeighborhoodLift pilot program designed to help communities attract qualified, prospective homebuyers to neighborhoods struggling with high inventories of unsold homes. […]
July 23, 2012 (Chris Moore) Monthly sales of existing single-family homes and condominiums fell from May to June in Florida led by a near eight percent drop in condo sales according to the latest data from the Florida Realtors®. Despite the sales decline, year-over-year home prices continued to show improvement. […]
July 23, 2012 (Chris Moore) Completed transactions of existing home purchases tumbled in June according to the National Association of Realtors® (NAR), the second consecutive month that existing home sales have shown signs of weakening though the Association attributes the downturn in transactions to tight supplies of affordable housing. […]
July 23, 2012 (Chris Moore) Home prices have increased 16.9 percent since hitting bottom at the beginning of March according to the weekly National Home Sales Snapshot released by DataQuick while home sales over the last 30 days continued their steady climb upward. […]
July 20, 2012 (Shirley Allen) Weak economic news continued to fuel declining mortgage interest rates as rates on 30-year and 15-year fixed rate mortgages and the 5-year Treasury-indexed hybrid ARM all fell to new lows this week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending July 19th. […]
July 19, 2012 (Jeff Alan) The prospects of a recovering housing market lifted the confidence of the nation’s new home builders to their highest level since March of 2007 according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). […]
July 19, 2012 (Chris Moore) Housing starts rebounded from May’s unexpected decline as both single family and multi-family housing starts posted solid gains in June according to the latest data released by the Census Bureau. […]
July 19, 2012 (Chris Moore) Mortgage applications increased last week as another round of new record low rates finally spurred a jump in refinance applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 13th, 2012. […]
July 18, 2012 (Chris Moore) The inventory of homes for sale in the United States grew for the fourth consecutive month in June while the prices that sellers asked for their homes remained flat from the previous month, increasing by only $100 from May according to the latest housing data of 146 metro areas released [...]
