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Monthly Archives: June 2012
FHFA : Home Values Up 3% Since Last Year
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. Continue reading
New Report: Hardest Hit Markets ‘Overshot on the Downside’
From this morning’s DSNews.com, an article by Esther Cho Although the Phoenix market doesn’t have the appeal bustling coastal cities such as Boston, Los Angeles, and Miami claim, it has still drawn interest from foreign investors and is one of … Continue reading
Simple Real Estate Definitions : Right To Cancel
Refinancing homeowners are granted a 3-day “cooling off” period. Continue reading
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis. Continue reading
Existing Home Sales Slip 2% In May
Home resales slipped last month; a slight setback for the housing market’s recovery. Continue reading
What’s Ahead For Mortgage Rates This Week : June 25, 2012
Mortgage rates rose slightly last week on Fed-led stimulus and events in Greece. Continue reading
Mortgage Rates Make New Lows At 3.66%
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week. Continue reading
A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. Continue reading
Housing Starts Up 26% In Last 12 Months
Sometimes, the housing data headlines tell just half the tale. May’s Housing Starts figures are proving to be a terrific illustration. Continue reading
Building Confidence Rises To 5-Year High
Home builders expect a strong second-half in the 2012 housing market. Continue reading