August 26, 2011 (Chris Moore) In last month’s RPX Composite Price Index Report, Radar Logic predicted that as a result of the virtually non-existent seasonal price bump, housing prices would set new post-bust lows this fall. In this months report the storm clouds start to brew as Radar Logic explains how the abundant signs of [...]
August 25, 2011 (Shirley Allen) Sales of new and resale homes cooled off in Miami as sales of newly built homes dropped to a record low according to the latest real estate information released from DataQuick. Prices in the area inched up from June, but were lower year-over-year for the 46th consecutive month. […]
August 25, 2011 (Shirley Allen) Pending home sales in California declined in July after posting two consecutive months of gains according to the Pending Home Sales Index (PHSI) released by the California Association of Realtors (CAR). […]
August 25, 2011 (Shirley Allen) Mortgage interest rates climbed up from the previous week’s fifty year lows with the exception of the 5 year ARM which set a new all-time record low according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS). […]
August 25, 2011 (Jeff Alan) Short sales increased 19 percent in the second quarter of 2011, accounting for 12 percent of all sales nationwide while the number of bank-owned (REO) sales remained flat according to the Q2 2011 U.S. Foreclosure Sales Report released by RealtyTrac. […]
August 24, 2011 (Shirley Allen) Mortgage interest rates may have hit bottom as fixed rate mortgages remained relatively flat while adjustable rate mortgages declined slightly from the previous week according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse. […]
August 24, 2011 (Shirley Allen) Home prices increased 0.9 percent from May to June but were still 5.8 percent below year ago levels according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). […]
August 24, 2011 (Chris Moore) Mortgage loan applications declined last week as purchase applications hit 15 year lows and rising interest rates slowed refinance activity for the first time in three weeks according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 19, 2011. […]
August 24, 2011 (Shirley Allen) Existing home sales in the Phoenix area cooled off in July after a robust June but sales were still substantially higher than in July of last year when home sales posted a dramatic drop following the end of the home buyer tax credit according to real estate information provider DataQuick. [...]
