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Improving Markets Index Passes Century Mark
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You're Now Reading:
Improving Markets Index Passes Century Mark
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
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Receive Multiple Offers. Save Money.
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Improving Markets Index Passes Century Mark
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April 11, 2012 (Jeff Alan)

The list of improving metropolitan areas grew by two markets this month, surpassing the century mark for the first time according to the NAHB/First American Improving Market Index (IMI).

Utilizing data from almost 360 metropolitan statistical areas (MSAs), the index measures three independently collected or calculated indicators of improving economic health.

The three indicators are employment growth from the Bureau of Labor Statistics, house price growth from Freddie Mac and single family housing growth from the Census Bureau. Each MSA must see improvement in all three indicators for at least a six month period after their respective trough before being categorized as improving.

For this month, the 101 MSAs that met the criteria include:

Little Rock,AR Coeur d’Alene,ID Charlotte,NC Williamsport,PA
Fresno,CA Elkhart,IN Goldsboro,NC Charleston,SC
Merced,CA Evansville,IN Greensboro,NC Spartanburg,SC
Boulder,CO Indianapolis,IN Greenville,NC Sioux Falls,SD
Denver,CO Lafayette,IN Rocky Mount,NC Chattanooga,TN
Fort Collins,CO Louisville,KY Winston-Salem,NC Kingsport,TN
Greeley,CO Lake Charles,LA Bismarck,ND Nashville,TN
New Haven,CT Monroe,LA Fargo,ND Amarillo,TX
Washington,DC Cumberland,MD Grand Forks,ND Brownsville,TX
Cape Coral,FL Hagerstown,MD Lincoln,NE College Station,TX
Crestview,FL Lewiston,ME Ocean City,NJ Dallas,TX
Deltona,FL Detroit,MI Buffalo,NY Laredo,TX
Jacksonville,FL Flint,MI Glens Falls,NY Longview,TX
North Port,FL Grand Rapids,MI Rochester,NY McAllen,TX
Orlando,FL Lansing,MI Utica,NY Midland,TX
Panama City,FL Monroe,MI Columbus,OH Odessa,TX
Punta Gorda,FL Muskegon,MI Dayton,OH San Antonio,TX
Tampa,FL Saginaw,MI Springfield,OH Tyler,TX
Rome,GA Minneapolis,MN Tulsa,OK Victoria,TX
Ames,IA Columbia,MO Corvallis,OR Provo,UT
Des Moines,IA Jefferson City,MO Portland,OR St. George,UT
Dubuque,IA Joplin,MO Altoona,PA Burlington,VT
Iowa City,IA Kansas City,MO Erie,PA Huntington,WV
Sioux City,IA Jackson,MS Lancaster,PA Casper,WY
Waterloo,IA Burlington,NC Pittsburgh,PA Cheyenne,WY
Boise,ID      

There were 13 new MSAs added to the list this month while 11 were dropped. The 13 new metro areas added to the Index were Fresno, CA, Rome, GA, Sioux City, IA, Boise, ID, Coeur d’ Alene, ID, Hagerstown, MD, Greenville, NC, Buffalo, NY, Utica, NY, Lancaster, PA, Brownsville, TX, St. George, UT, and Huntington, WV.

Eleven MSAs were dropped from the list in March, down from 30 in January, and include Anchorage, AL, Bakersfield, CA, Muncie, IN, Shreveport, LA, Holland, MI, Springfield, MO, Hattiesburg, MS, Syracuse, NY, Clarksville, TN, Austin, TX and Salt Lake City, UT.

Barry Rutenberg, the Chairman of NAMB, stated, “While housing markets across the country continue to struggle under the weight of overly tight lending conditions and other challenges, the April IMI indicates that at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction. A total of 35 states are now represented on the list, with 10 states having four or more entries. This positive news is in line with what our builder members have observed regarding firming conditions and improved buyer interest in certain locations.”

Tags: NAHB, First American, Improving Market Index, employment growth, house price growth, single family housing growth

Source:
NAHB

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April 11, 2012 (Jeff Alan)

The list of improving metropolitan areas grew by two markets this month, surpassing the century mark for the first time according to the NAHB/First American Improving Market Index (IMI).

Utilizing data from almost 360 metropolitan statistical areas (MSAs), the index measures three independently collected or calculated indicators of improving economic health.

The three indicators are employment growth from the Bureau of Labor Statistics, house price growth from Freddie Mac and single family housing growth from the Census Bureau. Each MSA must see improvement in all three indicators for at least a six month period after their respective trough before being categorized as improving.

For this month, the 101 MSAs that met the criteria include:

Little Rock,AR Coeur d’Alene,ID Charlotte,NC Williamsport,PA
Fresno,CA Elkhart,IN Goldsboro,NC Charleston,SC
Merced,CA Evansville,IN Greensboro,NC Spartanburg,SC
Boulder,CO Indianapolis,IN Greenville,NC Sioux Falls,SD
Denver,CO Lafayette,IN Rocky Mount,NC Chattanooga,TN
Fort Collins,CO Louisville,KY Winston-Salem,NC Kingsport,TN
Greeley,CO Lake Charles,LA Bismarck,ND Nashville,TN
New Haven,CT Monroe,LA Fargo,ND Amarillo,TX
Washington,DC Cumberland,MD Grand Forks,ND Brownsville,TX
Cape Coral,FL Hagerstown,MD Lincoln,NE College Station,TX
Crestview,FL Lewiston,ME Ocean City,NJ Dallas,TX
Deltona,FL Detroit,MI Buffalo,NY Laredo,TX
Jacksonville,FL Flint,MI Glens Falls,NY Longview,TX
North Port,FL Grand Rapids,MI Rochester,NY McAllen,TX
Orlando,FL Lansing,MI Utica,NY Midland,TX
Panama City,FL Monroe,MI Columbus,OH Odessa,TX
Punta Gorda,FL Muskegon,MI Dayton,OH San Antonio,TX
Tampa,FL Saginaw,MI Springfield,OH Tyler,TX
Rome,GA Minneapolis,MN Tulsa,OK Victoria,TX
Ames,IA Columbia,MO Corvallis,OR Provo,UT
Des Moines,IA Jefferson City,MO Portland,OR St. George,UT
Dubuque,IA Joplin,MO Altoona,PA Burlington,VT
Iowa City,IA Kansas City,MO Erie,PA Huntington,WV
Sioux City,IA Jackson,MS Lancaster,PA Casper,WY
Waterloo,IA Burlington,NC Pittsburgh,PA Cheyenne,WY
Boise,ID      

There were 13 new MSAs added to the list this month while 11 were dropped. The 13 new metro areas added to the Index were Fresno, CA, Rome, GA, Sioux City, IA, Boise, ID, Coeur d’ Alene, ID, Hagerstown, MD, Greenville, NC, Buffalo, NY, Utica, NY, Lancaster, PA, Brownsville, TX, St. George, UT, and Huntington, WV.

Eleven MSAs were dropped from the list in March, down from 30 in January, and include Anchorage, AL, Bakersfield, CA, Muncie, IN, Shreveport, LA, Holland, MI, Springfield, MO, Hattiesburg, MS, Syracuse, NY, Clarksville, TN, Austin, TX and Salt Lake City, UT.

Barry Rutenberg, the Chairman of NAMB, stated, “While housing markets across the country continue to struggle under the weight of overly tight lending conditions and other challenges, the April IMI indicates that at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction. A total of 35 states are now represented on the list, with 10 states having four or more entries. This positive news is in line with what our builder members have observed regarding firming conditions and improved buyer interest in certain locations.”

Tags: NAHB, First American, Improving Market Index, employment growth, house price growth, single family housing growth

Source:
NAHB

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.

April 11, 2012 (Jeff Alan)

The list of improving metropolitan areas grew by two markets this month, surpassing the century mark for the first time according to the NAHB/First American Improving Market Index (IMI).

Utilizing data from almost 360 metropolitan statistical areas (MSAs), the index measures three independently collected or calculated indicators of improving economic health.

The three indicators are employment growth from the Bureau of Labor Statistics, house price growth from Freddie Mac and single family housing growth from the Census Bureau. Each MSA must see improvement in all three indicators for at least a six month period after their respective trough before being categorized as improving.

For this month, the 101 MSAs that met the criteria include:

Little Rock,AR Coeur d’Alene,ID Charlotte,NC Williamsport,PA
Fresno,CA Elkhart,IN Goldsboro,NC Charleston,SC
Merced,CA Evansville,IN Greensboro,NC Spartanburg,SC
Boulder,CO Indianapolis,IN Greenville,NC Sioux Falls,SD
Denver,CO Lafayette,IN Rocky Mount,NC Chattanooga,TN
Fort Collins,CO Louisville,KY Winston-Salem,NC Kingsport,TN
Greeley,CO Lake Charles,LA Bismarck,ND Nashville,TN
New Haven,CT Monroe,LA Fargo,ND Amarillo,TX
Washington,DC Cumberland,MD Grand Forks,ND Brownsville,TX
Cape Coral,FL Hagerstown,MD Lincoln,NE College Station,TX
Crestview,FL Lewiston,ME Ocean City,NJ Dallas,TX
Deltona,FL Detroit,MI Buffalo,NY Laredo,TX
Jacksonville,FL Flint,MI Glens Falls,NY Longview,TX
North Port,FL Grand Rapids,MI Rochester,NY McAllen,TX
Orlando,FL Lansing,MI Utica,NY Midland,TX
Panama City,FL Monroe,MI Columbus,OH Odessa,TX
Punta Gorda,FL Muskegon,MI Dayton,OH San Antonio,TX
Tampa,FL Saginaw,MI Springfield,OH Tyler,TX
Rome,GA Minneapolis,MN Tulsa,OK Victoria,TX
Ames,IA Columbia,MO Corvallis,OR Provo,UT
Des Moines,IA Jefferson City,MO Portland,OR St. George,UT
Dubuque,IA Joplin,MO Altoona,PA Burlington,VT
Iowa City,IA Kansas City,MO Erie,PA Huntington,WV
Sioux City,IA Jackson,MS Lancaster,PA Casper,WY
Waterloo,IA Burlington,NC Pittsburgh,PA Cheyenne,WY
Boise,ID      

There were 13 new MSAs added to the list this month while 11 were dropped. The 13 new metro areas added to the Index were Fresno, CA, Rome, GA, Sioux City, IA, Boise, ID, Coeur d’ Alene, ID, Hagerstown, MD, Greenville, NC, Buffalo, NY, Utica, NY, Lancaster, PA, Brownsville, TX, St. George, UT, and Huntington, WV.

Eleven MSAs were dropped from the list in March, down from 30 in January, and include Anchorage, AL, Bakersfield, CA, Muncie, IN, Shreveport, LA, Holland, MI, Springfield, MO, Hattiesburg, MS, Syracuse, NY, Clarksville, TN, Austin, TX and Salt Lake City, UT.

Barry Rutenberg, the Chairman of NAMB, stated, “While housing markets across the country continue to struggle under the weight of overly tight lending conditions and other challenges, the April IMI indicates that at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction. A total of 35 states are now represented on the list, with 10 states having four or more entries. This positive news is in line with what our builder members have observed regarding firming conditions and improved buyer interest in certain locations.”

Tags: NAHB, First American, Improving Market Index, employment growth, house price growth, single family housing growth

Source:
NAHB

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.