April 18, 2012 (Chris Moore) Mortgage application volume increased last week as refinance applications jumped up after eight weeks of declines while purchase applications tumbled according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 13, 2012. […]
April 18, 2012 (Chris Moore) The inventory of available homes for sale in the United States continued to swell in March as homes began to sell at a faster pace with the average time a home spent on the market falling by over 20 days in just a month according to the latest housing data [...]
April 18, 2012 (Chris Moore) Housing starts declined again for a second consecutive month in March spurred by a near twenty percent drop in multi-family activity while single-family home starts remained flat according to the latest data released by the Census Bureau. […]
April 17, 2012 (Jeff Alan) Strong housing numbers in March was good news for the battered housing industry as year-over year home prices increased for a second consecutive month according to RE/MAX’s National Housing Report (NHR) giving the real estate organization hope that this selling season could be one of the strongest in years. [...]
April 16, 2012 (Chris Moore) Overall economic growth continued to expand at a modest to moderate pace in all Federal Reserve Districts according to the latest edition of the Beige Book released by the Federal Reserve covering economic activity from mid-February through the beginning of April. […]
April 16, 2012 (Chris Moore) The spring selling season continued to gain steam last week as weekly existing home sales volume improved for the fifth consecutive week while home prices remained above last year’s levels for the second consecutive week according to the National Home Sales Snapshot released by DataQuick. […]
April 15, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums fell from January to February in Pennsylvania but remained above the previous year’s sales levels while home prices edged downward according to the latest housing data from the Pennsylvania Association of Realtors® (PAR). […]
April 12, 2012 (Shirley Allen) Interest rates for 15-year fixed mortgage hit a new record low this week while the 30-year fixed rate mortgage hovered just above its all-time record low according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending April 12th. […]
April 12, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums jumped from January to February in Maine and were well above the previous year’s sales while home prices edged downward according to the latest housing data from the Maine Association of Realtors® (MAR). […]
