Housing Prices Rise in Spite of Mortgage Rate Rise

The housing market is still gaining strength even in the face of recent home loan rate increases. Housing starts were up 5.9% annualized from June to July. Building permits, rose 2.7%,better than anticipated. National Association of Home Builders Housing Market Index rose in August to its best level in almost … Continue reading

The Housing Market Continues to Progress

Last week, CoreLogic reported that home prices across the U.S. rose by nearly 12 percent from June 2012 to June 2013. By comparison, home prices only rose 3.76 percent from June 2011 to June 2012. In addition, research and analytics firm Clear Capital said that prices rose 9.3 percent in … Continue reading

Housing market heats up — and it’s just getting started

An interesting article from CNBC about the national housing market. John W. Schoen | CNBC | July 30, 2013 at 3:02 PM ET If you tried to buy a home in Phoenix a year ago, you probably would have been able to land it for well under the asking price. Those … Continue reading

Prices Continue to Roll at Double-Digit Rates

RISMEDIA, Thursday, July 25, 2013— Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, … Continue reading

What Happens When Interest Rates Rise?

RISMEDIA, Saturday, June 22, 2013 Freddie Mac recently released its U.S. Economic and Housing Market Outlook for June showing the effects rising interest rates are having on certain markets around the country and the overall housing recovery. A short preview video and the complete June 2013 U.S. Economic and Housing … Continue reading

Florida’s Housing Market Shows Momentum

RISMEDIA, Wednesday, May 15, 2013— Regional Spotlight Florida’s housing market gained strength in first quarter 2013 with increased closed sales, more pending sales, higher median prices and a reduced supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida … Continue reading