Tag Archives: Housing

Housing Starts, Builder Confidence Improve

Popular Economics Weekly Housing made somewhat of a comeback in July and taking into account wet weather on the East coast should be taken as stronger than face value.  Housing starts in July rebounded 5.9 percent after falling 7.9 percent … Continue reading

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Shadow Inventory of Bad Loans Still Too High

Financial FAQs The shadow inventory of troubled homes fell to about 2 million in April, down 18 percent from the same period in the prior year, and down 34 percent from a peak of 3 million in early 2010. But … Continue reading

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Housing Prices at Seven-Year High

The Mortgage Corner The S&P Case-Shiller Home Price Index just reported home prices were accelerating strongly going into  a very strong April start to the Spring housing season. The Case-Shiller 20-city data show a very strong 1.1 percent monthly adjusted … Continue reading

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January Housing Prices, Mortgages, Surging

The Mortgage Corner CoreLogic reported that home prices nationwide, including distressed sales, increased on a year-over-year basis by 9.7 percent in January 2013 compared to January 2012. This change represents the biggest increase since April 2006 and the 11th consecutive … Continue reading

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Existing-Homes Inventory at Record Lows

The Mortgage Corner The housing market is recovering with the highest sales and price rises since 2007. Only problem is that inventory is also at the lowest level since 2007, with just 4.4 month’s supply of housing on the market. … Continue reading

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Mortgage Quality Highest in Decade

The Mortgage Corner Record low interest rates and low prices, are making housing more affordable than ever. This is also helping lower default rates, as average credit scores have soared, and Debt to Income Ratios used to quality borrowers have … Continue reading

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