Pending Home Sales Slip In May
After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5. Continue reading
Monthly Archives: May 2012
Foreclosures Fall To 5-Year Low
Foreclosures filings fell 5 percent between March 2012 and April 2012, and 11 percent as compared to one year ago. Continue reading
Save Energy For Summer : Flip Your Ceiling Fan Rotation
For homeowners with ceiling fans, the change of seasons offers a timely reminder to change the direction in which your ceiling fan blades rotate. It not only cools your home more efficiently, but it can lower your energy bill, too. Continue reading
30-Year Fixed Rate Mortgage Rates Fall To 3.78% Nationwide
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows. Continue reading
New Home Sales Rise For 7th Month Out Of 8
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. Continue reading
Existing Home Sales Climb 3.4 Percent In April
Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice. Continue reading
Home Affordability Reaches New High In Q1 2012
Never before in recorded history have so many homes been affordable to households earning a moderate annual income. Continue reading
America’s 10 Richest Counties
There are 3,033 counties in the United States. Which 10 are the richest in terms of median household income? Not surprisingly, those near major economic centers rank high. Continue reading
Is More Fed-Led Stimulus On Its Way?
The Federal Open Market Committee released its April 2012 meeting minutes this week, revealing a Federal Reserve in the ready for additional monetary stimulus. Continue reading
Single-Family Housing Starts Powers Ahead
The new construction housing market continues to improve. Continue reading