November 23, 2011 (Chris Moore) Distressed properties accounted for nearly half of the homes sold in October as investors increased their presence in the housing market while distressed property purchases by first-time homebuyers declined according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. […]
November 23, 2011 (Jeff Alan) The average interest rates for conventional 30-year fixed rate mortgages declined from 4.56 percent in September to 4.36 percent in October according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
November 23, 2011 (Shirley Allen) Freddie Mac announced that it is adding six more states to its HomeSteps Winter Sales Promotion which started on November 15, 2011 and runs through January 31, 2012, bringing the total number of active states to 33 and the District of Columbia. […]
November 23, 2011 (Shirley Allen) Mortgage interest rates dropped across the board this week as a potpourri of economic news both at home and from Europe pushed Treasury Bond yields back under two percent according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse. […]
November 22, 2011 (Shirley Allen) Monthly sales of existing homes and condominiums in Illinois declined as expected in October but were still far higher than a year ago according to the latest data from the Illinois Association of REALTORS® (IAR). […]
November 22, 2011 (Shirley Allen) Monthly sales of existing homes and condominiums in Florida declined in October but were still well above year ago levels according to the latest data from the Florida Realtors®. […]
November 22, 2011 (Chris Moore) Weekly home sales volume resumed their downward march last week after a one week respite while home prices continued their downward trend according to the National Home Sales Snapshot released by DataQuick. […]
November 21, 2011 (Jeff Alan) Housing affordability ticked back up slightly in the third quarter of 2011 according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) as low interest rates and stable home prices nationwide kept housing affordability near its highest level in more than twenty years. […]
November 21, 2011 (Jeff Alan) Home prices have declined 28.3 percent since the market peak in June 2006 according to Lender Processing Services (LPS) Home Price Index (HPI) for August with Pittsburgh being the only area that has seen its average home price rise since that time. […]
