U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May’s reading to achieve a positive reading of 52. This last happened in August-September of 2002, when HMI monthly readings also jumped by eight points.
All posts in category Housing Analysis
Home Builder Confidence Jumps By Widest Margin Since 2002
Posted by Tiffany Taylor on June 19, 2013
http://tiffanytaylormortgageblog.com/2013/06/home-builder-confidence-jumps-by-widest-margin-since-2002.html
RealtyTrac Foreclosure Report Shows 28% Decrease From May 2012
Foreclosure actions increased by 2.0 percent in May from April’s 75 month low point for foreclosure activity according to RealtyTrac’s U.S. Foreclosure Market Report released June 11.
However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings.
Posted by Tiffany Taylor on June 18, 2013
http://tiffanytaylormortgageblog.com/2013/06/realtytrac-foreclosure-report-shows-28-decrease-from-may-2012.html
What’s Ahead For Mortgage Rates This Week – June 17, 2013
Last week’s news was relatively quiet with no data significant to real estate and mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May.
Posted by Tiffany Taylor on June 17, 2013
http://tiffanytaylormortgageblog.com/2013/06/whats-ahead-for-mortgage-rates-this-week-june-17-2013.html
What’s Ahead For Mortgage Rates This Week — June 10, 2013
Last week’s economic reports provided a mixed bag of results. Investors continue to watch the Fed’s mortgage backed security purchasing trends in order to determine forward mortgage pricing.
Posted by Tiffany Taylor on June 10, 2013
http://tiffanytaylormortgageblog.com/2013/06/whats-ahead-for-mortgage-rates-this-week-june-10-2013.html
What’s Ahead For Mortgage Rates This Week — June 3, 2013
This weekâs financial news was relatively limited due to the Memorial Day holiday and no economic reports being released on Wednesday. The biggest news in terms of housing and mortgages was the S&P/Case-Shiller Housing Market Indices (HMI) released on Tuesday.
Posted by Tiffany Taylor on June 3, 2013
http://tiffanytaylormortgageblog.com/2013/06/whata%c2%80%c2%99s-ahead-for-mortgage-rates-this-week-a%c2%80%c2%93-june-3-2013.html
Case-Shiller Reports Energetic Annual Home Price Gains Nationally
The most recent S&P/Case-Shiller Indeces report showed all three composites posting double-digit increases over the last four quarters. The national composite, which is the broadest based index, showed an increase of 10.2% annually.
Posted by Tiffany Taylor on May 30, 2013
http://tiffanytaylormortgageblog.com/2013/05/case-shiller-reports-energetic-annual-home-price-gains-nationally.html
Existing Home Sales Numbers Highest Since 2009
The National Association of REALTORS reported that sales of existing homes in April reached 4.97 million on a seasonally-adjusted annual basis. This is the highest report since November 2009.
Posted by Tiffany Taylor on May 28, 2013
http://tiffanytaylormortgageblog.com/2013/05/existing-home-sales-highest-since-2009.html
Home Builder Future Sales Confidence Rises To New Highs
Home builders are gaining confidence in current and future market conditions for new homes, but continue to see below-average foot traffic in new homes.
Posted by Tiffany Taylor on May 16, 2013
http://tiffanytaylormortgageblog.com/2013/05/home-builder-future-sales-confidence-rises-to-new-highs.html
May 2013 RealtyTrac Foreclosure Report Shows Strength For The US Housing Market
RealtyTrac recently reported that national foreclosure filings are down while foreclosure filings are seeing marked increases in some states.
Posted by Tiffany Taylor on May 10, 2013
http://tiffanytaylormortgageblog.com/2013/05/may-2013-realtytrac-foreclosure-report-shows-strength-for-the-us-housing-market.html
Upswing In April 2013 Jobs Report Signals Good News For Real Estate
The Bureau of Labor Statistics released its monthly Non-farm Payrolls and National Unemployment Rate for April last Friday. These two reports are collectively called the Jobs Report.
165,000 jobs were added in April, while the unemployment rate dropped from 7.60 percent in March to 7.50 percent in April.
Posted by Tiffany Taylor on May 8, 2013
http://tiffanytaylormortgageblog.com/2013/05/upswing-in-jobs-report-signals-good-news-for-real-estate.html