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Entries from November 2012

Pending Home Sales Index Leaps To Multi-Year High

November 30th, 2012 · Comments Off on Pending Home Sales Index Leaps To Multi-Year High

According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.

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Tags: Housing Analysis

New Home Sales Remain Elevated Into Q4 2012

November 29th, 2012 · Comments Off on New Home Sales Remain Elevated Into Q4 2012

According to the Commerce Department, New Home Sales slipped 1,000 units last month, falling to 368,000 units on a seasonally-adjusted, annualized basis.

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Tags: Housing Analysis

Case-Shiller Index Verifies Home Value Gains Through Q3 2012

November 28th, 2012 · Comments Off on Case-Shiller Index Verifies Home Value Gains Through Q3 2012

According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior.

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Tags: Housing Analysis

Which Is Better : 15-Year Fixed Rate Mortgage Or 30-Year Fixed Rate Mortgage?

November 27th, 2012 · Comments Off on Which Is Better : 15-Year Fixed Rate Mortgage Or 30-Year Fixed Rate Mortgage?

Which suits you best? The 15-year fixed rate mortgage or the 30-year one? These tips may help you decide.

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Tags: Personal Finance

Simple, Inexpensive Ways To Prep Your Home For Sale

November 26th, 2012 · Comments Off on Simple, Inexpensive Ways To Prep Your Home For Sale

Here are four inexpensive, yet highly effective, ways to prepare your home for sale.

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Tags: Around The Home

More Bullish Data : Housing Starts Climb 3.6%

November 23rd, 2012 · Comments Off on More Bullish Data : Housing Starts Climb 3.6%

According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.

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Tags: Housing Analysis

Existing Home Sales Move Higher In October

November 21st, 2012 · Comments Off on Existing Home Sales Move Higher In October

After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.

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Tags: Housing Analysis

Homebuilder Confidence Spikes To 6-Year High

November 20th, 2012 · Comments Off on Homebuilder Confidence Spikes To 6-Year High

The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,

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Tags: Housing Analysis

Federal Reserve : New Economic Stimulus May Be Warranted

November 19th, 2012 · Comments Off on Federal Reserve : New Economic Stimulus May Be Warranted

The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week.

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Tags: Federal Reserve

Bank Repossessions Slip For 24th Consecutive Month

November 16th, 2012 · Comments Off on Bank Repossessions Slip For 24th Consecutive Month

According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings increased 3 percent in October as compared to September 2012, climbing to 186,455 U.S. properties.

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Tags: Housing Analysis