BLOG

April 26th, 2017 by admin
New estimates from the U.S. Census Bureau and the Department of Housing and Urban Development show new home sales at an 8-month high in March. Sales were 5.8 percent above February's rate and 15.6 percent higher than at the same time last year. The March results were the second best reading since 2008 and easily surpassed economists' expectations. That's encouraging news for the start of the spring season and could help boost the number of new homes that get built this year. And, at a time when inventory is low, that's important. As more new... Read More



January 26th, 2017 by admin
Mortgage rates moved solidly higher last week, but lenders saw no letup in loan demand. Mortgage application volume rose 4 percent from the previous week. The Mortgage Bankers Association included an adjustment for the Martin Luther King Day holiday. Volume continues to lag last year, however, by 18 percent, mostly due to the falloff in loan refinances since rates shot up after the presidential election. Refinance volume did move slightly higher again last week, up 0.2 percent seasonally adjusted. It had jumped sharply the previous... Read More



September 29th, 2016 by admin
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates decreased last week across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate mortgages. Michael Fratantoni, MBA's chief economist, says the Fed's decision to leave rates unchanged led to the drop. “Treasury rates fell through the course of last week, as the Fed left their target rate unchanged, and concerns grew again about... Read More



September 27th, 2016 by admin
Sales of newly built, single-family homes fell in August after rising to the fastest sales pace in 9 years the month before. The data, released by the U.S. Census Bureau and the Department of Housing and Urban Development, shows new home sales down 7.6 percent month-over-month, though they remain nearly 21 percent higher than last year. But though the monthly decline may seem like a setback, there are a number of encouraging signs in the report for prospective home buyers. For starters, the number of new homes on the market rose nearly 2... Read More



August 31st, 2016 by admin
The S&P Case-Shiller U.S. National Home Price Index – considered the leading measure of U.S. home prices – has been tracking home values for nearly 30 years. According to their most recent release, national home prices are up 5.1 percent year-over-year, with the biggest price increases seen in the West. David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jones indices, says home prices show no sign of slowing down. “Home prices continued to rise across the country led by the West and the South,”... Read More



Next Page »

SEARCH ALL HOMES FOR SALE

Community

City

Property type

Price







New Homes Are in High Demand This Spring

New estimates from the U.S. Census Bureau and the Department of Housing and Urban Development show new home sales at (…) Keep Reading…

Jump in rates doesn’t deter homebuyers, as mortgage applications increase 4%.

Mortgage rates moved solidly higher last week, but lenders saw no letup in loan demand. Mortgage application volume rose 4 (…) Keep Reading…