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Housing Market Update
>> Market Update INFO THAT HITS US WHERE WE LIVE There wasn't a ton of housing news last week, but one can always find a few significant items. For example, foreclosure filings in February were down 2% from January and up just 6% from a year Read More...

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Housing Market Last Week
>> Market Update INFO THAT HITS US WHERE WE LIVE New home sales fell 11.2% in January to a record low level. Existing home sales weren't very pretty either, down 7.2%, though they're UP 11.5% over a year ago. Let's remember that last Read More...

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Housing Market
>> Market Update INFO THAT HITS US WHERE WE LIVE The National Association of Realtors last Thursday reported existing home sales UP 27.2% for the last three months of 2009 versus a year earlier. This amounted to a seasonally adjusted annual rate Read More...

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Breaking News
Breaking News HUD TAKES ACTION TO SPEED RESALE OF FORECLOSURES With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader Read More...

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Housing Market Update 1-18-2010
>> Market Update INFO THAT HITS US WHERE WE LIVE Our hearts go out to the people of Haiti recovering from the terrible tragedy of last Tuesday's earthquake. We know everyone's thoughts are with the Haitians. It has been inspiring to see Read More...

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Housing Market for Week of December 13, 2009
Market Update INFO THAT HITS US WHERE WE LIVE Last week gave us more proof the country's housing market is heating up. According to Freddie Mac's quarterly national Conventional Home Price Index (CMHPI), home prices were UP 0.9% in Q3 for their Read More...

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Housing Market for Week of December 7, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Positive economic reports on housing continue, with October Pending Home Sales UP 3.7%. This was the ninth month in a row Pending Home Sales rose and the index is now 31.8% over October last year. Read More...

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Housing Market - Week of November 16, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Thursday the Wall Street Journal reported Q3 home sales at an annual rate of 5.3 million units. That was an 11.4% gain over Q2's 4.76 million units. Experts put much of the rising sales to the Read More...

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Housing Market for the Week of November 1, 2009.
>> Market Update INFO THAT HITS US WHERE WE LIVE Last week September New Home Sales were reported down 3.6% for single-family units. But the supply of unsold new homes is just 7.5 months and inventories, at 251,000, are down 56.1% from their mid-2006 Read More...

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Housing Market for Week of October 26, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE The week ended with the terrific news that Existing Home Sales shot UP 9.4% in September to a 5.57 million annual rate. This was almost twice the increase the consensus expected and a nice boost coming Read More...

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Housing Market for Week of October 19, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE For the third week in a row, rates on 30-year fixed-rate mortgages remained below 5% in Freddie Mac's Primary Mortgage Market Survey. The average for conforming mortgages was 4.92% with an average Read More...

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Housing Market Week of October 12, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE At the end of September, the supply of homes for sale was reported down 1.8% from the previous month in 27 major metropolitan areas. We all know the factors. Home prices are very affordable, mortgage Read More...

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Housing Market Week of October 5, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Another good week for the housing market. The S&P/Case Shiller home price index was up for the third month in a row and the rate of annual decline fell for the sixth month in a row! Price increases Read More...

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Housing Market for the week of September 21, 2009
>> Market Update INFO THAT HITS US WHERE WE LIVE Housing starts for new single-family homes and apartments continued their steady rise, up 1.5% for August, their strongest pace in nine months. This puts housing starts at a seasonally adjusted annual Read More...

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Housing Market - Week of August 31, 2009
INFO THAT HITS US WHERE WE LIVE - We continue to see signs of improvement in the housing market and last week showed us a surprising 9.6% increase in new single-family home sales for July. This was their steepest percent rise since 2005. New home sales Read More...

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