Investors Give Housing Market a Boost
The housing market continues to recover with home prices rising and pending sales and construction on the upswing. The number of inventory homes is dropping as well, but will it last? If the upswing...
View ArticleHome Builders Group Reports Big Surge in Improved Housing Markets
The National Association of Home Builders (NAHB) recently reported that housing markets showing signs of improvement have surged by 76 to a total of 201 metros in December. The NAHB/First American...
View ArticleFannie Mae, Freddie Mac Help More than 2.5 Million with Foreclosure Actions
Fannie Mae and Freddie Mac completed more than 134,000 foreclosure prevention actions in the third quarter of 2012, bringing the total foreclosure prevention actions to more than 2.5 million since the...
View ArticleReport States Home Prices Positioned for Growth in 2013
The housing market is poised for growth in 2013, according to a Wall Street Journal article online. Home-listing prices were up 5.1 percent nationally in December on a year-over-year basis, according...
View ArticleFreddie Mac Releases Economic And Housing Market Outlook
Freddie Mac recently released its U.S. Economic and Housing Market outlook for January, showing that despite the fiscal uncertainties facing the country, consumer confidence has remained fairly...
View ArticleHousing Starts in December Jump to Four-Year High
Home builders in the U.S. broke ground on more homes than forecast in December, capping the best year for the industry since 2008, which is another good sign that the economy is rebounding. Housing...
View ArticleBoomers Discover Retirement Living in College Communities
Baby Boomers, the generation that defined so much of American culture, are beginning to discover that college towns offer some very good, and low cost, places to retire. Who needs Florida and Arizona?...
View ArticleColorado’s Resort Housing Market Rebounds in Six Mountain Counties
Real estate sales in Colorado’s high country reached their highest levels since 2008 in six resort counties. Sales in the last six months of 2012 ranked as one of the strongest since 2007. Sales in...
View ArticleMortgage Applications Increase as Rates Drop
Mortgage applications increased 14.8 percent for the week ending March 1, 2013 from a week earlier, according to the Mortgage Bankers Association (MBA) weekly survey. The Market Composite Index, a...
View ArticleRealtors a Key Ingredient in Recovering New Construction Market
Sales of new single-family homes were up 28.9 percent from a year ago in January to a seasonally adjusted annual rate of 437,000, according to a recent U.S. Census Bureau report. That’s the best...
View ArticleFederal Government Extends Home Affordable Refinance Program Two Years
The Obama administration’s Home Affordable Refinance Program (HARP) has been extended for two more years. HARP had initially been scheduled to expire at the end of this year, but will now run through...
View ArticleWhat You Should Know About The Spring Home Buying Season
Typically, more than 40 percent of all home purchases are made between from April through July. With inventory at record lows, home prices on the upswing, and foreclosure activity slowing in many...
View ArticlePending Home Sales Rise 1.5 Percent in March
More Americans than predicted signed contracts to buy previously owned homes in March, which is another indication of progress in the housing market, according to Bloomberg.com. The index of pending...
View ArticlePower Brokers Advance Full Speed Ahead
Power brokers are advancing full speed ahead even while there is still plenty of room for improvement in our current economic and housing climate. RISMedia recently released its 25th annual Power...
View ArticleLow Equity Contributes to Tight Inventory
Marginal home equity is a significant contributor to the nation’s tight inventory. Approximately 22 million Americans may lack enough home equity to move, keeping property listings tight and limiting...
View ArticleHomes Selling Quickly Due to Strong Demand and Limited Inventory
Limited inventory and strong demand means that homes are selling nearly three times as fast as normal, according to CNBC. The average number of days a listing stayed on the market in April was 46,...
View ArticleCondominium Market Remains Strong Following First Quarter Correction
The National Association of Home Builders (NAHB) recently released its Multifamily Production Index (MPI) which showed an index level of 52, the fifth straight quarter with a reading over 50. The MPI...
View ArticlePending Home Sales Rise as Market Continues to Recover
The National Association of Realtors (NAR) said recently that its seasonally adjusted index for pending sales of existing homes rose to a reading of 106 in April, up 0.3 percent from the previous...
View ArticleClik here to view.
Denver Real Estate Market Continues Rebound
For much of the spring and summer, the Denver-area housing market was frenzied with multiple offers made on many homes – especially in high-demand neighborhoods. While that was good news for home...
View Article
