Foreclosure Volume Slated To Rise This Spring

by Jon Terry | Apr 2, 2012 | Blog, Buying A Home, Foreclosure, Housing Analysis, Residential Real Estate, Short Sale

After a series of months during which foreclosure volume was low, total filings have started to rise again, says RealtyTrac.   In February of 2012, 21 states posted a year-over-year increase in monthly foreclosure filings, according to the national...

Mortgage Rates Fall Back Below 4%

by Jon Terry | Mar 30, 2012 | Blog, Buying A Home, Housing Analysis, Mortgage Rates, Mortgages, Residential Real Estate, Statistics

After a brief run-up two weeks ago, mortgage rates are back below 4 percent. It’s good news for home buyers and mortgage rate shoppers because, with lower mortgage rates, we can lower the amount of mortgage payments.   According to Freddie Mac’s weekly...

Supply Of New Homes At 6.1 Months Nationwide

by Jon Terry | Feb 8, 2012 | Blog, Buying A Home, Housing Analysis

New Home Sales slowed into the New Year but the market for newly-built homes remains strong.  For home buyers in Colorado and nationwide, December’s New Home Sales report is yet one more signal that the housing market recovery may be underway. According to the...

New Home Supplies Fall To An 18-Month Low

by Jon Terry | Dec 7, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, Statistics

If you plan to buy new construction in the Denver area sometime in 2012, don’t expect today’s low prices.  Like everything in housing of late, the market for newly-built homes appears to be stabilizing and, in some markets, improving. As foreshadowed by...

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

by Jon Terry | Nov 30, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Residential Real Estate, The Economy

Standard & Poor’s released its September 2011 Case-Shiller Index this week.  The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide. As compared to...

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

by Jon Terry | Nov 17, 2011 | Blog, Buying A Home, Buying in a Recession, Housing Analysis, Real Estate Definitions, Residential Real Estate, Statistics

Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting...