April 14, 2011 (Chris Moore) Freddie Mac has released its Economic and Housing Outlook for April which anticipates a spring pick-up in home sales that the report attributes to encouraging employment numbers, continuing historically low mortgage rates and lower home prices, with the latter two contributing to the highest level in homebuyer affordability in 40 [...]
March 3, 2011 (Shirley Allen) The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury has released the February edition of the Obama Administration's Housing Scorecard. The latest housing figures show increased existing home sales as home affordability remains high, but officials caution that the market remains fragile, as [...]
February 15, 2011 (Shirley Allen) The California Association of Realtors (CAR) reports that first time home buyer affordability matched or set new record levels in all regions of the state in the fourth quarter. CAR claims that historic low rates and declining home prices pushed housing affordability to surpass or maintain current levels in quarter [...]
