Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
Archive for November, 2011
Case-Shiller Index : 17 Of 20 U.S. Housing Markets Slipped In September
Posted: November 30, 2011 in Housing AnalysisTags: Case-Shiller Index, Home Values, Standard & Poors
New Home Supplies Fall To An 18-Month Low
Posted: November 29, 2011 in Housing AnalysisTags: Margin of Error, New Home Sales, New Home Supply
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
What’s Ahead For Mortgage Rates This Week : November 28, 2011
Posted: November 28, 2011 in Mortgage RatesTags: Eurozone, Italy, Non-Farm Payrolls
Expect mortgage rates to be volatile this week. Your quoted mortgage rates could vary by as much as a quarter-percent from day-to-day.
Conforming Loan Limits Unchanged For 2012
Posted: November 25, 2011 in Mortgage GuidelinesTags: Fannie Mae, Freddie Mac, Loan Limits
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
More Sales, Less Inventory : Home Prices Headed Higher?
Posted: November 23, 2011 in Housing AnalysisTags: Existing Home Sales, Existing Home Supply, NAR
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.
Maximum FHA Loan Limits Restored To $729,750
Posted: November 22, 2011 in Mortgage GuidelinesTags: FHA, High-Cost Areas, Loan Limits
As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.
What’s Ahead For Mortgage Rates This Week : November 21, 2011
Posted: November 21, 2011 in Mortgage RatesTags: Greece, Italy, Super-Committee
Mortgage markets went unchanged last week as Wall Street traded on new debt stress within the Eurozone, and stronger-than-expected economic data here at home.
Housing Starts Rising; New Construction Turns The Corner?
Posted: November 18, 2011 in Housing AnalysisTags: Census Bureau, Homebuilder Confidence, Housing Starts
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October – a 4 percent increase from September and the highest reading in 3 months.
Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Posted: November 17, 2011 in Housing AnalysisTags: HMI, Housing Market Index, NAHB
Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
Government Releases Additional HARP Guidance For Underwater Homeowners
Posted: November 16, 2011 in Mortgage GuidelinesTags: FHFA, HARP, Home Affordable Refinance Program
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.