interest rate: Buy a house in River Falls, WI - Improving Markets List Holds Steady In May
- 05/14/12 12:46 AM
The National Association of Home Builders’ Improving Markets Index held steady at 100 in May, down from 101 in April. The number of represented states was also virtually unchanged from the month before at 35. The index determines improving housing markets based on metropolitan areas that have had at least six consecutive months of improved housing permits, employment, and home prices. In May, 17 new metros were added to the list, while 83 cities carried over from April. Barry Rutenberg, NAHB’s Chairman, said the fact that there are 100 markets across 35 states that are improving illustrates that the health of … (0 comments)
interest rate: Buy a house in River Falls, WI - Industry Insiders Say Housing Market Has Turned A Corner
- 05/08/12 01:36 AM
Speaking at an economic conference in Washington, Shaun Donovan, secretary of the Department of Housing and Urban Development, said the housing market has turned a corner. Donovan cited sales statistics, the number of signed contracts, and the decreasing number of households falling into foreclosure as evidence that the market has made progress over the past few years. Donovan’s remarks echo the increasingly positive forecasts being released by industry insiders and market analysts. For example, Fitch Ratings’ most recent outlook says housing starts should see a 10 percent increase in 2012, with new home sales up 8.0 percent. And Capital Economics’ Paul … (0 comments)
interest rate: Buy a house in River Falls, WI - Foreclosure Levels Continue To Improve In March
- 05/03/12 12:43 AM
The March Mortgage Monitor report from Lender Processing Services shows foreclosure starts down more than 31 percent from last year, despite a month-over-month increase. But even with the increase from February, the total number of foreclosure starts in March was much lower than the monthly totals from much of last year and the three years previous. The monthly increase was due, in part, to an acceleration in states where paperwork and procedural problems stalled the number of foreclosures being processed. According to the report, foreclosure inventory is nearly 2.5 times higher in judicial states, as opposed to non-judicial states where inventory … (0 comments)
interest rate: Buy a house in River Falls, WI - Report Finds Continued Stabilization, Positive Home Price Trends
- 05/01/12 01:21 AM
The National Association of Realtor’s Home Price Monitor is a monthly review of several respected measurements of house values. The monitor tracks trends and fluctuations in prices and provides an analysis of the current environment, as well as a forecast for future price performance. April’s report finds most measurements showing month-over-month growth in prices and a trend toward smaller year-over-year declines. These stabilizing trends should be supported by low inventory, declining delinquencies, and growing demand from prospective buyers. The report also cites high affordability, an improving job market, and rising rent as evidence that positive trends in home prices will continue. … (0 comments)
interest rate: Buy a house River Falls, WI - Americans Expect Rising Prices, Say It’s Time To Buy
- 04/16/12 01:24 AM
Fannie Mae’s March 2012 National Housing Survey finds Americans more confident in their financial situation and more optimistic about the housing market than in previous months. According to the monthly survey, 73 percent of respondents say now is a good time to buy a home, which is up three points from February and at its highest level in more than a year. Doug Duncan, vice president and chief economist of Fannie Mae, said conditions are coming together to encourage people to want to buy homes. Rising rent and an expectation of higher home prices are among the conditions making homeownership more and … (1 comments)
interest rate: What homeowner's need to know about the $25 billion dollar foreclosure settlement unveiled yesterday
- 02/10/12 02:00 AM
Below is a link which details Q&As from homeowner's about the settlement. Good information to know if you have a loan serviced by Ally Financial Inc./GMAC Mortgage, Bank of America Corp., Citigroup Inc., J.P. Morgan Chase & Co. and Wells Fargo & Co. http://online.wsj.com/article/SB10001424052970204642604577213032296123026.html?mod=wsj_share_tweet http://www.theanswerisclear.com/MLO/rmagee/ Thanks,
The National Association of Home Builders’ Improving Markets Index held steady at 100 in May, down from 101 in April. The number of represented states was also virtually unchanged from the month before at 35. The index determines improving housing markets based on metropolitan areas that have had at least six consecutive months of improved housing permits, employment, and home prices. In May, 17 new metros were added to the list, while 83 cities carried over from April. Barry Rutenberg, NAHB’s Chairman, said the fact that there are 100 markets across 35 states that are improving illustrates that the health of … (0 comments)
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