According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
Archive for January, 2012
Supply Of New Homes At 6.1 Months Nationwide
Posted: January 31, 2012 in Housing AnalysisTags: Census Bureau, New Home Sales, New Home Supply
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What’s Ahead For Mortgage Rates This Week : January 30, 2012
Posted: January 30, 2012 in Mortgage RatesTags: Eurozone, FOMC, Non-Farm Payrolls
Conforming mortgage rates rallied from Wednesday through Friday’s close, ending the week near all-time lows set earlier this year.
Pending Home Sales Index Posts Second Best Month Since April 2010
Posted: January 27, 2012 in Housing AnalysisTags: NAR, Pending Home Sales Index, PHSI
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
A Simple Explanation Of The Federal Reserve Statement (January 25, 2012)
Posted: January 25, 2012 in Federal ReserveTags: Ben Bernanke, Fed Funds Rate, FOMC
Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
The Federal Reserve Meets Today : Mortgage Rates Expected To Move
Posted: January 25, 2012 in Federal ReserveTags: 30-Year Fixed, Fed Funds Rate, FOMC
The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.
Existing Home Sales Approach Bull Market Territory
Posted: January 24, 2012 in Housing AnalysisTags: Existing Home Sales, Existing Home Supply, NAR
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.
What’s Ahead For Mortgage Rates This Week : January 23, 2012
Posted: January 23, 2012 in Mortgage RatesTags: Eurozone, Existing Home Sales, FOMC
The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next.
Behind The Housing Starts Headlines, The Story That Matters
Posted: January 20, 2012 in Housing AnalysisTags: Homebuilder Confidence, Housing Starts, New Home Sales
Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.
Home Builders See More Sales, Higher Prices Ahead
Posted: January 19, 2012 in Housing AnalysisTags: HMI, Housing Market Index, NAHB
Homebuilder confidence is soaring, reaching levels not seen in more than 4 years.
Foreclosure Filings Fall To 49-Month Low
Posted: January 18, 2012 in Housing AnalysisTags: Foreclosures, RealtyTrac, REO
Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.
