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2012
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FHFA: Home Values Up 3% Since Last Year The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis. April marks the third consecutive month during which home values increased and the index is now up 3 percent from last year at t...
06/29/2012
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The new construction home sales market continues to improve. As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis. A “new home” is a home that is considered new construction. May’s data marks the highest number of new homes sold since...
06/27/2012
Mortgage rates have resumed their downward trend. According to Freddie Mac’s weekly Primary Mortgage Market Survey, the national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week. The rate is available to “prime” borrowers who are willing to pay, on average, 0.7 disc...
06/22/2012
10 Cities Projecting Home Value Increases Through 2013 Nationwide, the U.S. housing market is showing signs of recovery. Home prices are rising as demand for homes outweighs existing home supply in many metropolitan regions. As is customary in real estate, though, the degrees to which home valu...
06/18/2012
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Standard & Poors released its March 2012 Case-Shiller Index last week. The index is meant to measure changes in home prices from month-to-month, and from year-to-year, in select U.S. cities. According to the report, home values rose in 12 of the Case-Shiller Index’s 20 tracked markets, and one m...
06/08/2012
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FHA to Change Its Mortgage Insurance Premium Schedule Monday, June 11, 2012 Beginning Monday, June 11, the FHA is changing its mortgage insurance premium schedule for the second time this year. Some FHA mortgage applicants will pay lower mortgage insurance premiums going forward. Others will pay ...
06/07/2012
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When you preview homes as a home buyer, you can get a good feel for the home’s visible traits — its finishes, its room counts, and its landscaping, for example. What you can’t get a feel for, though, is the home’s “bones”. It’s for this reason that real estate professionals recommend that you hav...
06/06/2012
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