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List of Improving Markets Expands to 23 in October
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You're Now Reading:
List of Improving Markets Expands to 23 in October
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:
List of Improving Markets Expands to 23 in October
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October 7, 2011 (Jeff Alan)

The list of improving metropolitan areas expanded this month to 23 according to the NAHB/First American Improving Market Index (IMI), nearly double the 12 areas that made the list last month.

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 23 MSAs that met the criteria include:

• Alexandria, LA
• Amarillo, TX
• Anchorage, AK
• Bismarck, ND
• Casper, WY
• Fairbanks, AK
• Fayetteville, NC
• Houma, LA
• Iowa City, IA
• Jonesboro, AR
• Kankakee, IL
• McAllen, TX
• Midland, TX
• New Orleans, LA
• Odessa, TX
• Pine Bluff, AR
• Pittsburgh, PA
• Sherman, TX
• Sumter, SC
• Waco, TX
• Waterloo, IA
• Wichita Falls, TX
• Winston-Salem, NC

All 12 metropolitan areas from last month’s list remained on this month’s list except for one, Bangor, Maine, which dropped off due to a decline in local building permits.

“Both the number and geographic diversity of improving housing markets expanded this month, with Iowa, Illinois and South Carolina all newly represented by one entry or more on the list,” said National Association of Home Builders (NAHB) Chairman Bob Nielsen, a home builder from Reno, Nev. “This is further evidence that, despite the tough conditions that persist in many cities, pockets of improvement are emerging in local housing markets across the country.”

The list is heavily weighted with smaller cities where the predominate economies are driven by agriculture and energy which have been less effected by the economic downturn. Seven of the 23 metropolitan areas are from Texas.

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

Source:
NAHB

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October 7, 2011 (Jeff Alan)

The list of improving metropolitan areas expanded this month to 23 according to the NAHB/First American Improving Market Index (IMI), nearly double the 12 areas that made the list last month.

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 23 MSAs that met the criteria include:

• Alexandria, LA
• Amarillo, TX
• Anchorage, AK
• Bismarck, ND
• Casper, WY
• Fairbanks, AK
• Fayetteville, NC
• Houma, LA
• Iowa City, IA
• Jonesboro, AR
• Kankakee, IL
• McAllen, TX
• Midland, TX
• New Orleans, LA
• Odessa, TX
• Pine Bluff, AR
• Pittsburgh, PA
• Sherman, TX
• Sumter, SC
• Waco, TX
• Waterloo, IA
• Wichita Falls, TX
• Winston-Salem, NC

All 12 metropolitan areas from last month’s list remained on this month’s list except for one, Bangor, Maine, which dropped off due to a decline in local building permits.

“Both the number and geographic diversity of improving housing markets expanded this month, with Iowa, Illinois and South Carolina all newly represented by one entry or more on the list,” said National Association of Home Builders (NAHB) Chairman Bob Nielsen, a home builder from Reno, Nev. “This is further evidence that, despite the tough conditions that persist in many cities, pockets of improvement are emerging in local housing markets across the country.”

The list is heavily weighted with smaller cities where the predominate economies are driven by agriculture and energy which have been less effected by the economic downturn. Seven of the 23 metropolitan areas are from Texas.

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.

October 7, 2011 (Jeff Alan)

The list of improving metropolitan areas expanded this month to 23 according to the NAHB/First American Improving Market Index (IMI), nearly double the 12 areas that made the list last month.

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 23 MSAs that met the criteria include:

• Alexandria, LA
• Amarillo, TX
• Anchorage, AK
• Bismarck, ND
• Casper, WY
• Fairbanks, AK
• Fayetteville, NC
• Houma, LA
• Iowa City, IA
• Jonesboro, AR
• Kankakee, IL
• McAllen, TX
• Midland, TX
• New Orleans, LA
• Odessa, TX
• Pine Bluff, AR
• Pittsburgh, PA
• Sherman, TX
• Sumter, SC
• Waco, TX
• Waterloo, IA
• Wichita Falls, TX
• Winston-Salem, NC

All 12 metropolitan areas from last month’s list remained on this month’s list except for one, Bangor, Maine, which dropped off due to a decline in local building permits.

“Both the number and geographic diversity of improving housing markets expanded this month, with Iowa, Illinois and South Carolina all newly represented by one entry or more on the list,” said National Association of Home Builders (NAHB) Chairman Bob Nielsen, a home builder from Reno, Nev. “This is further evidence that, despite the tough conditions that persist in many cities, pockets of improvement are emerging in local housing markets across the country.”

The list is heavily weighted with smaller cities where the predominate economies are driven by agriculture and energy which have been less effected by the economic downturn. Seven of the 23 metropolitan areas are from Texas.

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.