The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.
Archive for February, 2012
Pending Home Sales Rise To 22-Month High
Posted: February 29, 2012 in Housing AnalysisTags: Existing Home Sales, NAR, Pending Home Sales
New Home Supply Falls To 5.6 Months
Posted: February 28, 2012 in Housing AnalysisTags: Census Bureau, New Home Sales, New Home Supply
321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.
What’s Ahead For Mortgage Rates This Week : February 27, 2012
Posted: February 27, 2012 in Mortgage RatesTags: Greece, Initial Jobless Claims, Iran
Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower nationwide.
Existing Home Sales Climb To A 20-Month Record
Posted: February 23, 2012 in Housing AnalysisTags: Existing Home Sales, Existing Home Supply, NAR
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
Existing Home Sales Climb To A 20-Month Record
Posted: February 23, 2012 in Housing AnalysisTags: Existing Home Sales, Existing Home Supply, NAR
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
Foreclosure Filings Down 19 Percent In One Year
Posted: February 22, 2012 in Housing AnalysisTags: Foreclosures, RealtyTrac, REO
Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom.
What’s Ahead For Mortgage Rates This Week : February 21, 2012
Posted: February 21, 2012 in Mortgage RatesTags: Freddie Mac, Greece, Homebuilder Confidence
Mortgage markets worsened last week as the Eurozone moved closer to a bailout agreement with Greece, and the U.S. economy displayed more signs of growth. Mortgage rates climbed.
Housing Starts Stay Strong; Building Permits Rise.
Posted: February 17, 2012 in Housing AnalysisTags: Building Permits, Census Bureau, Housing Starts
The 2012 housing market started like 2011 ended — strong.
Homebuilder Confidence Returns To Pre-Recession Levels
Posted: February 16, 2012 in Housing AnalysisTags: Homebuilder Confidence, Housing Market Index, NAHB
For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index’s highest reading since May 2007.
With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow
Posted: February 15, 2012 in The EconomyTags: Home Affordability, Retail Sales, Survey of Consumers
If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.