As the new year begins, there are no shortage of stories telling us what to expect in 2012.
Category Archive: Uncategorized
Dec 30
Pending Home Sales Index Rises Back Above 100
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.
Dec 29
Nationally, Home Prices Off 18.3 Percent From April 2007 Peak
The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October.
Dec 28
New Home Sales Approach Bull Market Territory
According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.
Dec 22
Home Supplies Fall To 7.0 Months Nationwide; Buyer Demand Strong
Home resales moved to a 10-month high in November, the latest in a series of strong showings from the housing sector.
Dec 21
Housing Starts Show Strength In Housing
According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November — a 2 percent increase from October.
Dec 20
Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume
In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. Homebuilder confidence is at a 19-month high.
Dec 15
Bank Repossessions Drop To A 44-Month Low
According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.
Dec 13
A Simple Explanation Of The Federal Reserve Statement (December 13, 2011 Edition)
Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
Dec 06
Fed Minutes Suggest New Economic Stimulus Next Week
The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.