Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they’re buying homes.
Archive for September, 2011
Despite Low Rates, Pending Home Sales Slip In August
Posted: September 30, 2011 in Housing AnalysisTags: Mortgage Rates, National Association of Realtors, Pending Home Sales Index
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Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July
Posted: September 29, 2011 in Housing AnalysisTags: Case-Shiller Index, Home Values
The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities.
New Home Sales Figures Better Than Reported
Posted: September 28, 2011 in Housing AnalysisTags: Census Bureau, New Home Sales, New Home Supplies
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.
Existing Home Sales Jump; Home Supplies Falling
Posted: September 27, 2011 in Housing AnalysisTags: Distressed Homes, Existing Home Sales, Existing Home Supply
According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August.
What’s Ahead For Mortgage Rates This Week : September 26, 2011
Posted: September 26, 2011 in Mortgage RatesTags: Eurozone, Federal Reserve, Greece
Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues.
