Monthly Archives: 2011年October

What’s Ahead For Mortgage Rates This Week : October 31, 2011

Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction. It was a w......

Pending Home Sales Index Slips For 4th Straight Month

Nationwide, fewer homes are going under contract to sell. According to the National Association of REALTORS®, the Pending Home Sales Index fell 5 percent last month. September marks t......

New Home Inventory Keeps Sinking

Home builders continue to sell homes and work through inventory. According to data from the Census Bureau, the number of new homes sold in September jumped 6 percent from the month p......

Detroit Leads All Case-Shiller Cities In Home Price Improvement

The August 2011 Case-Shiller Index was released this week. On an monthly basis, 10 of 20 tracked markets worsened. On an annual basis, valuation degradation was worse. Only Detroit ......

The Government’s Revamped HARP Program For Underwater Homeowners

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “......

What’s Ahead For Mortgage Rates This Week : October 24, 2011

Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several stron......

Despite 18% Contract Failure Rate, Home Resales Stay Strong

Despite fewer homes for sale nationwide, the number of home resales remains steady. According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basi......

Finding Truth In September’s Housing Starts Report

Headlines in newspapers can be misleading — especially with respect to housing figures. Media coverage of the most recent Housing Starts data serves as an excellent illustration. Wednesd......

Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic

Homebuilder confidence is rebounding sharply. Just one month after falling to a multi-month low, the Housing Market Index rebounded four points to 18 for October. It’s the highest r......

Foreclosure Rate Drops For The 12th Straight Month

Foreclosure activity continues to slow throughout the United States. According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 215......

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