June 22, 2012 (Chris Moore) Completed transactions of existing home purchases took an unexpected tumble in May but still remained above last year’s levels while home prices continued to strengthen according to the National Association of Realtors® (NAR). […]
June 22, 2012 (Shirley Allen) Worsening economic news from home and abroad kept Treasury bonds near their all-time lows which resulted in mortgage interest rates falling across the board in the last week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending June 21st. […]
June 21, 2012 (Shirley Allen) Mortgage delinquencies increased for the second consecutive month in May, rising 1.1 percent from April but still almost ten percent lower than last year according to the latest “First Look” Mortgage Report released by Lender Processing Services (LPS). […]
June 21, 2012 (Chris Moore) Mortgage applications fell slightly last week as applications to purchase homes fell but were countered by a slight increase in refinance applications which was by bolstered by a surge in FHA refinance applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 15th, [...]
June 20, 2012 (Chris Moore) The inventory of available homes for sale in the United States grew for the third consecutive month as the traditional spring/summer selling season brought more sellers into the market, and higher listing prices, according to the latest housing data of 146 metro areas released by Realtor.com. […]
June 20, 2012 (Chris Moore) Housing starts fell for the first time in four months led by a twenty-four percent decline in housing starts for multi-family housing while single-family starts were over twenty-six percent higher than a year ago according to the latest data released by the Census Bureau. […]
June 19, 2012 (Shirley Allen) Monthly sales of new and resale homes in the Denver area improved year-over-year for the third time in the last four months while suffering a small monthly decline in April according to the latest data released from DataQuick. […]
June 19, 2012 (Jeff Alan) A fragile and uncertain economy took its toll on the list of improving metropolitan areas in June as the Index fell by 20 markets this month, dropping from 100 to 80, according to the NAHB/First American Improving Market Index (IMI). […]
June 19, 2012 (Jeff Alan) What a difference a month makes as home sales soared in May following April’s flat performance according to RE/MAX’s National Housing Report (NHR) with home sales increasing by nearly 13 percent from the previous month and home prices posting a solid gain, staying above last year’s prices for the fourth [...]
