August 23, 2011 (Shirley Allen) Prices and sales of existing homes declined in the second quarter of 2011 compared to the same period last year reflecting the effects of what last years home buyers tax credit and the current level of distressed property sales have had on the housing market according to the National Association [...]
August 23, 2011 (Chris Moore) Sales of new single-family homes declined for the third consecutive month in July putting 2011 on a pace to be one of the worst years since the Census Bureau started keeping records back in 1963. […]
August 22, 2011 (Shirley Allen) Mortgage loan applications to the Federal Housing Administration (FHA) were 33 percent lower in July than they were a year ago as refinance applications declined 63 percent from last year according to the agency’s Single-Family Outlook report. […]
August 22, 2011 (Jeff Alan) Housing prices are trending downward and rising inventories indicate that the spring/summer selling season is gradually cooling as housing demand shifts and prices decline “to bump along the bottom of the pond again” according to Altos Research. […]
August 22, 2011 (Jeff Alan) American’s confidence in seeing the value of their homes going up in the next year increased slightly last month with 13 percent of the homeowners surveyed expecting their homes to increase in value over the next 12 months according to the latest Rasmussen Reports poll. […]
August 19, 2011 (Shirley Allen) Monthly sales of new and resale homes in Las Vegas declined in July but were above levels from a year ago as distressed property sales increased to 70 percent of all purchases according to the latest data released from DataQuick. […]
August 19, 2011 (Brian Moore) After two months of rising, home sales followed the traditional summer trend and declined in the month of July. Home sales fell 12.7 percent from June, but were up 13.1 percent from July of last year according to RE/MAX’s National Housing Report (NHR). […]
August 19, 2011 (Jeff Alan) Housing affordability in the second quarter of 2011 remained near 20 year highs according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). Nearly three-fourths of all homes in the U.S. were affordable to families earning the national median income. […]
August 18, 2011 (Chris Moore) The National Association of Realtors (NAR) reported existing home sales fell 3.5 percent in July, declining for the third time in four months. Homes sold at a seasonally adjusted rate of 4.67 million, lagging behind last years pace of 4.91 million homes which were the weakest sales figures in 13 [...]
