March 22, 2012 (Chris Moore) Completed transactions of existing home purchases fell in February but remained above last year’s levels while home prices produced a modest rebound following the previous month’s six percent drop according to the National Association of Realtors® (NAR). […]
March 21, 2012 (Chris Moore) Mortgage application volume fell again last week as increasing interest rates put the brakes on refinance application activity according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 16, 2012. […]
March 21, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums improved from January to February in Michigan while home prices edged downward according to the latest housing data from the Michigan Association of Realtors® (MAR). […]
March 21, 2012 (Jeff Alan) Monthly default rates on first and second mortgages declined for the second consecutive month in February, helping to contribute to an overall decline in the S&P/Experian Consumer Credit Default Indices from 2.16 percent in January to 2.09 in February. […]
March 21, 2012 (Chris Moore) Housing starts declined slightly nationwide in February as single-family home starts suffered their first decline in four months while multi-family housing starts remained strong according to the latest data released by the Census Bureau. […]
March 20, 2012 (Jeff Alan) Confidence among the nation’s new home builders was unchanged from the previous month according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) in March, however, expectations of improved future sales increased for the sixth consecutive month. […]
March 20, 2012 (Shirley Allen) Monthly sales of new and existing homes in California increased slightly in February along with a modest increase in home prices, though unlike home sales, prices still remained below last year’s levels according to real estate information provider DataQuick. […]
March 20, 2012 (Jeff Alan) Making Home Affordable is holding another Help for Homeowners Community Event in Los Angeles, California, on March 22nd, 2012. The event is being held at the Los Angeles Convention Center and will be open from 1:00 p.m. until 8:00 p.m. […]
March 19, 2012 (Chris Moore) Foreclosure activity continued to fall nationwide in February but the foreclosure pipeline is hardly unclogged as a new wave of activity is expected to hit following the recent $25 billion mortgage settlement between the five largest banks and the state attorneys general. […]
