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Monthly Archives: October 2012

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19 of 20 Case-Shiller Index Markets Improve In August

Posted on October 31, 2012 by fhsjiBlog

Home value rose to close out the summer, according to the S&P/Case-Shiller Index, an oft-cited home-valuation tracker. Continue reading →

Posted in Housing Analysis | Tagged Case-Shiller Index, Home Values, Phoenix

Pending Home Sales Index Suggests Housing Momentum Into 2013

Posted on October 30, 2012 by fhsjiBlog

In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5. Continue reading →

Posted in Housing Analysis | Tagged NAR, Pending Home Sales Index, PHSI

What’s Ahead For Mortgage Rates This Week : October 29, 2012

Posted on October 29, 2012 by fhsjiBlog

Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week. Continue reading →

Posted in Mortgage Rates | Tagged Federal Reserve, New Home Sales, QE3

New Home Supply Remains Firmly In “Seller’s Market” Territory

Posted on October 26, 2012 by fhsjiBlog

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis. Continue reading →

Posted in Housing Analysis | Tagged Mortgage Rates, New Home Sales, New Home Supply

Simple Explanation Of The Federal Reserve Statement (October 24 , 2012)

Posted on October 24, 2012 by fhsjiBlog

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. Continue reading →

Posted in Federal Reserve | Tagged Fed Funds Rate, FOMC, QE3

Home Supplies Drop To Multi-Year Low

Posted on October 24, 2012 by fhsjiBlog

The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago. Continue reading →

Posted in Housing Analysis | Tagged Existing Home Sales, Existing Home Supply, NAR

The Most Expensive U.S. ZIP Codes (2012 Edition)

Posted on October 23, 2012 by fhsjiBlog

Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America’s most expensive ZIP codes for 2012. Continue reading →

Posted in Rankings | Tagged Altos Research, Forbes, ZIP Codes

What’s Ahead For Mortgage Rates This Week : October 22, 2012

Posted on October 22, 2012 by fhsjiBlog

Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week. Continue reading →

Posted in Mortgage Rates | Tagged FOMC, Freddie Mac, Purchasing Power

How To Improve Your FICO Score

Posted on October 19, 2012 by fhsjiBlog

The credit score average for approved mortgage applicant was 750 last month. From The Today Show from NBC, here are basic tips to maximize your FICO. Continue reading →

Posted in Personal Finance | Tagged Credit Score, FICO, The Today Show

Single-Family Housing Starts Rise To 4-Year High

Posted on October 18, 2012 by fhsjiBlog

According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years. Continue reading →

Posted in Housing Analysis | Tagged Census Bureau, Housing Starts, Purchasing Power

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