MortgageLoanRateUpdate
MortgageLoanRateUpdate
MortgageLoanRateUpdate
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
1-000-000-0000 BECOME A PARTNER
You're Now Reading:
Housing Market Showing Signs of Improvement
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Housing Market Showing Signs of Improvement
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Housing Market Showing Signs of Improvement
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

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.

Depending on the housing price index, year-over-year home prices have generally improved from two to four percentage points since the beginning of the year and that trend is expected to continue with the rate of decline slowing until prices finally touch bottom.

Home prices will continue to decline because of the persistent imbalance of supply and demand in the housing market, but the situation is showing signs of improvement. Existing home inventories have dropped from a record 4.48 million properties in July 2008 to 3.33 million properties in October, an 8.0 month supply. A year ago, there was still over four million properties for sale, a 10.7 month supply. A healthy housing market typically has a six month supply of inventory.

In addition, the RPX transaction count of the 25 metropolitan areas that it surveys shows the change from January to September of this year was greater than during the same period last year and in September posted a 15.4 percent year-over-year increase in transactions, the largest for that month since 2003.

“We may indeed be seeing the beginning of at least a ‘soft landing’ in housing,” said Michael Feder, President and CEO of Radar Logic. “Activity is stable, price declines have slowed and it is unlikely that many more borrowers will enter default or that many more homes will go ‘underwater.’ While this may not be the beginning of a recovery, the data suggest it may well be the beginning of an equilibrium, which if the case, should and probably will boost buyer confidence. If it does, a recovery may not be far away.”

Twenty-three of the 25 metropolitan areas featured in the Index registered year-over-year price declines. The only areas to post a price increase were Detroit (+7.1%) and Washington D.C. (+1.8%).

The metropolitan areas that posted the largest year-over-year decline in home prices was Las Vegas (-12.4%) followed by Seattle (-10.4%). The rest of the metropolitan areas posted declines of less than ten percent.

Month-over-month, only four metropolitan areas posted a price increase with Phoenix (+2.5%) posting the largest gain followed by San Diego (+1.8%), Detroit (+1.5%) and Milwaukee (+1.4%).

The metropolitan area that posted the largest monthly decline in home prices was Boston (-7.1%) followed by Jacksonville (-5.9%) and Atlanta (-3.6%).

Year-over-year home transactions increased in all 25 metropolitan areas with the largest gains posted in Minneapolis (+68.4%), Boston (+64.8) and Atlanta (+31.6%). Jacksonville (+0.8%), Detroit (+3.2%) and Washington D.C. (+3.8%) posted the smallest increases in home transactions.

Twenty of the 25 metropolitan areas posted a decline in monthly transactions led by Boston (-19.5%), Jacksonville (-13.0%) and Philadelphia (-12.8%). The biggest gains in transactions were reported in Cleveland (+3.9%), Sacramento (+2.9%) and San Francisco (+1.0%).

Tags: Radar Logic, RPX Composite Price Index, housing prices, housing sales transactions, rate of decline, declining prices

Source:
Radar Logic

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

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.

Depending on the housing price index, year-over-year home prices have generally improved from two to four percentage points since the beginning of the year and that trend is expected to continue with the rate of decline slowing until prices finally touch bottom.

Home prices will continue to decline because of the persistent imbalance of supply and demand in the housing market, but the situation is showing signs of improvement. Existing home inventories have dropped from a record 4.48 million properties in July 2008 to 3.33 million properties in October, an 8.0 month supply. A year ago, there was still over four million properties for sale, a 10.7 month supply. A healthy housing market typically has a six month supply of inventory.

In addition, the RPX transaction count of the 25 metropolitan areas that it surveys shows the change from January to September of this year was greater than during the same period last year and in September posted a 15.4 percent year-over-year increase in transactions, the largest for that month since 2003.

“We may indeed be seeing the beginning of at least a ‘soft landing’ in housing,” said Michael Feder, President and CEO of Radar Logic. “Activity is stable, price declines have slowed and it is unlikely that many more borrowers will enter default or that many more homes will go ‘underwater.’ While this may not be the beginning of a recovery, the data suggest it may well be the beginning of an equilibrium, which if the case, should and probably will boost buyer confidence. If it does, a recovery may not be far away.”

Twenty-three of the 25 metropolitan areas featured in the Index registered year-over-year price declines. The only areas to post a price increase were Detroit (+7.1%) and Washington D.C. (+1.8%).

The metropolitan areas that posted the largest year-over-year decline in home prices was Las Vegas (-12.4%) followed by Seattle (-10.4%). The rest of the metropolitan areas posted declines of less than ten percent.

Month-over-month, only four metropolitan areas posted a price increase with Phoenix (+2.5%) posting the largest gain followed by San Diego (+1.8%), Detroit (+1.5%) and Milwaukee (+1.4%).

The metropolitan area that posted the largest monthly decline in home prices was Boston (-7.1%) followed by Jacksonville (-5.9%) and Atlanta (-3.6%).

Year-over-year home transactions increased in all 25 metropolitan areas with the largest gains posted in Minneapolis (+68.4%), Boston (+64.8) and Atlanta (+31.6%). Jacksonville (+0.8%), Detroit (+3.2%) and Washington D.C. (+3.8%) posted the smallest increases in home transactions.

Twenty of the 25 metropolitan areas posted a decline in monthly transactions led by Boston (-19.5%), Jacksonville (-13.0%) and Philadelphia (-12.8%). The biggest gains in transactions were reported in Cleveland (+3.9%), Sacramento (+2.9%) and San Francisco (+1.0%).

Tags: Radar Logic, RPX Composite Price Index, housing prices, housing sales transactions, rate of decline, declining prices

Source:
Radar Logic

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

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.

Depending on the housing price index, year-over-year home prices have generally improved from two to four percentage points since the beginning of the year and that trend is expected to continue with the rate of decline slowing until prices finally touch bottom.

Home prices will continue to decline because of the persistent imbalance of supply and demand in the housing market, but the situation is showing signs of improvement. Existing home inventories have dropped from a record 4.48 million properties in July 2008 to 3.33 million properties in October, an 8.0 month supply. A year ago, there was still over four million properties for sale, a 10.7 month supply. A healthy housing market typically has a six month supply of inventory.

In addition, the RPX transaction count of the 25 metropolitan areas that it surveys shows the change from January to September of this year was greater than during the same period last year and in September posted a 15.4 percent year-over-year increase in transactions, the largest for that month since 2003.

“We may indeed be seeing the beginning of at least a ‘soft landing’ in housing,” said Michael Feder, President and CEO of Radar Logic. “Activity is stable, price declines have slowed and it is unlikely that many more borrowers will enter default or that many more homes will go ‘underwater.’ While this may not be the beginning of a recovery, the data suggest it may well be the beginning of an equilibrium, which if the case, should and probably will boost buyer confidence. If it does, a recovery may not be far away.”

Twenty-three of the 25 metropolitan areas featured in the Index registered year-over-year price declines. The only areas to post a price increase were Detroit (+7.1%) and Washington D.C. (+1.8%).

The metropolitan areas that posted the largest year-over-year decline in home prices was Las Vegas (-12.4%) followed by Seattle (-10.4%). The rest of the metropolitan areas posted declines of less than ten percent.

Month-over-month, only four metropolitan areas posted a price increase with Phoenix (+2.5%) posting the largest gain followed by San Diego (+1.8%), Detroit (+1.5%) and Milwaukee (+1.4%).

The metropolitan area that posted the largest monthly decline in home prices was Boston (-7.1%) followed by Jacksonville (-5.9%) and Atlanta (-3.6%).

Year-over-year home transactions increased in all 25 metropolitan areas with the largest gains posted in Minneapolis (+68.4%), Boston (+64.8) and Atlanta (+31.6%). Jacksonville (+0.8%), Detroit (+3.2%) and Washington D.C. (+3.8%) posted the smallest increases in home transactions.

Twenty of the 25 metropolitan areas posted a decline in monthly transactions led by Boston (-19.5%), Jacksonville (-13.0%) and Philadelphia (-12.8%). The biggest gains in transactions were reported in Cleveland (+3.9%), Sacramento (+2.9%) and San Francisco (+1.0%).

Tags: Radar Logic, RPX Composite Price Index, housing prices, housing sales transactions, rate of decline, declining prices

Source:
Radar Logic

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.