March 15, 2012 (Chris Moore) The inventory of available homes for sale in the United States increased less than one percent in February, the first increase in nine months, while the average number of days a home stayed on the market fell for the second consecutive month according to the latest housing data of 146 [...]
March 15, 2012 (Jeff Alan) Low mortgage rates and favorable home prices are attracting buyers back into the housing market as annual sales climbed for the eighth consecutive month in February and home prices increased for the first time in a year-and-a-half according to RE/MAX’s National Housing Report (NHR). […]
March 14, 2012 (Chris Moore) Mortgage loan application volume fell for the fifth consecutive week on a seasonally adjusted basis as a dwindling number of refinance loan applications continued to contribute to the overall decline according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 9, 2012. […]
March 14, 2012 (Shirley Allen) Contract signings to purchase single-family homes and condominiums in Massachusetts were up again in February, the tenth consecutive month that contract signings have exceeded the previous year’s totals according to the Massachusetts Association of REALTORS® (MAR). […]
March 14, 2012 (Jeff Alan) Consumer’s attitudes towards the economy continued to improve in February according to Fannie Mae’s February 2012 National Housing Survey while their attitudes towards personal finance, housing and employment remained worrisome but holding at steady levels. […]
March 14, 2012 (Shirley Allen) Monthly sales of new and existing homes in the Portland area declined as expected from December to January but were still at the highest level for the month in four years according to real estate information provider DataQuick. […]
March 13, 2012 (Jeff Alan) The national average home price fell 1.0 percent to $197,000 for transactions completed in December according to the latest Lender Processing Services (LPS) Home Price Index (HPI), and early data for January suggests the decline in prices may be accelerating. […]
March 13, 2012 (Chris Moore) For buyers who can qualify for a mortgage, now is very good time to purchase a home according to the National Association of Realtors® (NAR), as housing affordability has reached its highest level since the organization began keeping records in 1970. […]
March 13, 2012 (Shirley Allen) Foreclosure starts jumped in January with the bulk of the activity originating from the two Government Sponsored Enterprises (GSE), Freddie Mac and Fannie Mae, according to the Mortgage Monitor Report released by Lender Processing Services (LPS). […]
