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Monthly Archives: September 2011
Despite Low Rates, Pending Home Sales Slip In August
Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they’re buying homes. Continue reading
Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July
The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities. Continue reading
New Home Sales Figures Better Than Reported
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month. Continue reading
Existing Home Sales Jump; Home Supplies Falling
According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August. Continue reading
Posted in Housing Analysis
Tagged Distressed Homes, Existing Home Sales, Existing Home Supply
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What’s Ahead For Mortgage Rates This Week : September 26, 2011
Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues. Continue reading
Building Permits Rising Nationwide; Housing Starts To Follow
Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011. Continue reading
A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. Continue reading
A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. Continue reading
The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates
The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile. Continue reading
Homebuilder Confidence Stays Flat
Homebuilders are feeling worse about the market for new homes nationwide. Continue reading