Monthly Archives: February 2012

Pending Home Sales Rise To 22-Month High

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. Continue reading

Share
Posted in Housing Analysis | Tagged , , | Comments Off

New Home Supply Falls To 5.6 Months

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. Continue reading

Share
Posted in Housing Analysis | Tagged , , | Comments Off

What’s Ahead For Mortgage Rates This Week : February 27, 2012

Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower nationwide. Continue reading

Share
Posted in Mortgage Rates | Tagged , , | Comments Off

Federal Reserve Wary Of European Spillover

The Federal Reserve has released the minutes from its 2-day meeting January 24-25, 2012. Continue reading

Share
Posted in Federal Reserve | Tagged , , | Comments Off

Existing Home Sales Climb To A 20-Month Record

January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway. Continue reading

Share
Posted in Housing Analysis | Tagged , , | Comments Off

Foreclosure Filings Down 19 Percent In One Year

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. Continue reading

Share
Posted in Housing Analysis | Tagged , , | Comments Off

What’s Ahead For Mortgage Rates This Week : February 21, 2012

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. Continue reading

Share
Posted in Mortgage Rates | Tagged , , | Comments Off

Housing Starts Stay Strong; Building Permits Rise.

The 2012 housing market started like 2011 ended — strong. Continue reading

Share
Posted in Housing Analysis | Tagged , , | Comments Off

With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

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. Continue reading

Share
Posted in The Economy | Tagged , , | Comments Off

Fewer Jobless Claims Suggests Higher Home Prices Ahead

Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they’re right, the housing market is ripe for a boost. Continue reading

Share
Posted in The Economy | Tagged , , | Comments Off