Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.
Monthly Archive: November 2011
Nov 29
New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
Nov 28
What’s Ahead For Mortgage Rates This Week : November 28, 2011
Expect mortgage rates to be volatile this week. Your quoted mortgage rates could vary by as much as a quarter-percent from day-to-day.
Nov 25
Conforming Loan Limits Unchanged For 2012
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.
Nov 23
More Sales, Less Inventory : Home Prices Headed Higher?
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.
Nov 22
Maximum FHA Loan Limits Restored To $729,750
As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.
Nov 21
What’s Ahead For Mortgage Rates This Week : November 21, 2011
Mortgage markets went unchanged last week as Wall Street traded on new debt stress within the Eurozone, and stronger-than-expected economic data here at home.
Nov 18
Housing Starts Rising; New Construction Turns The Corner?
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October – a 4 percent increase from September and the highest reading in 3 months.
Nov 17
Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21
Nov 16
Government Releases Additional HARP Guidance For Underwater Homeowners
Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.