by Jon Terry | Apr 24, 2012 | Blog, Housing Analysis, Statistics, The Economy
Tuesday, the government released its March 2012 New Residential Construction report. The report is made up of three sections, each related to a phase of the “new home” market. The report’s first part is Building Permits; the second is Housing...
by Jon Terry | Apr 19, 2012 | Blog, Buying A Home, Housing Analysis, Residential Real Estate, The Economy
The housing market took a step back in February, but remains near post-recession highs. According to data from the National Association of REALTORS®, February’s Pending Home Sale Index slipped .5% from the month prior, to 96.5. The Pending Home Sales Index is a...
by Jon Terry | Apr 7, 2012 | Blog, Buying A Home, Housing Analysis, Residential Real Estate, Statistics
The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking this the highest building permit...
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...
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...
by Jon Terry | Mar 5, 2012 | Blog, Housing Analysis
Foreclosure activity continues to concentrate over just a few states. According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010. “Foreclosure filing” is a...
