Existing home sales had a less than promising performance in August, but Auction.com's Real Estate Nowcast projects that they will pick back up in September. Realtor.com also predicts that lower prices and less competition will shift the housing market from seller's favor to buyer's.
Read More »U.S. Home Prices Post Strong Gains in July, Case-Shiller Shows
Home prices across the country increased again in July 2015, rising 4.7 percent year-over-year compared to a 4.5 percent increase recorded the prior month. according to S&P/Case-Shiller Home Price Indices.
Read More »Mortgage Interest Rates Fall in August
Interest rates on conventional purchase-money mortgages decreased three basis points from 4.02 percent in July to 3.99 percent in August for loans closed at the end of August, according to a index from the Federal Housing Finance Agency.
Read More »National Mortgage Risk Index Shows Looser Credit in August
A brief on the National Mortgage Risk Index and other risk measures Monday from the American Enterprise Institute International Center on Housing Risk revealed strong results for the housing market in August 2015 as mortgage credit loosened.
Read More »Pending Home Sales Decline in August, but Remain Healthy
The National Association of Realtors found pending home sales fell in August as contract signings modestly declined, but they still project healthy supply and demand and price growth.
Read More »Inclusionary Housing Will Help Low-Income Residents & End Segregation
As American cities rebound and develop after years of disinvestment, rising housing costs are excluding lower-income residents, and inclusionary housing could be the only solution to ensure that cities remain integrated.
Read More »Mortgage Rates Lower Following Fed’s Hike Deferment
Mortgage rates lowered to 3.86 percent for the week ending September 24, 2015 after the Federal Reserve decided to keep interest rates near zero last week.
Read More »Housing Recovery Linked Directly to Credit Loosening, Report Says
Pro Teck's Home Value Forecast found that in markets like San Francisco and Detroit are experiencing different recoveries and one reason for this is the credit availability.
Read More »Housing Market Displays Signs of Health; Suggests Sustainable Expansion in the Future
The majority of metro housing markets are showing signs of health, which will make for sustainable growth in the near-term, according to Nationwide's Health of Housing Markets Report.
Read More »Housing Markets Continue to Show Stability
As more consumers catch up on their mortgage payments, employment progresses, and home prices rebound, the housing market continues to improve and exhibit more stability.
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