Data through April 2012, released by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that on average home prices increased 1.3 percent in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling …
Residential construction is on the rise in 2012, with the industry experiencing the highest growth in residential sales it’s seen in over 30 years.
According to the US Census, building permits for privately-owned homes rose to an adjusted annual rate of 715,000 in April 2012, a 23.7 percent increase …
Severely delinquent balances among first mortgages are on the decline, according to Equifax's May National Consumer Credit Trends Report. While still elevated relative to historic levels, the May 2012 total of $450 billion in delinquent balances represents a 37 percent decline from the peak of more than $700 billion in …
Data through April 2012, released recently by S&P Indices for its S&P/Case-Shiller Home Price Indices, a leading measure of U.S. home prices, showed that on average home prices increased 1.3 percent in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of …
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates easing amid worsening economic indicators. Both the 30-year fixed and the 5-year ARM registered new average record lows.
The 30-year fixed-rate mortgage (FRM) averaged 3.66 percent with an average 0.7 point for …
After seven consecutive months of sliding home prices, average home prices increased more than 1 percent in April for both the 10- and 20-city groups tracked by the Case-Shiller Home Price Indices. Data through April 2012, just released for the S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home …
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates easing amid worsening economic indicators. Both the 30-year fixed and the 5-year ARM registered new average record lows.
The 30-year fixed-rate mortgage (FRM) averaged 3.66 percent with an average 0.7 point for …
While a principal residence and a second home have some similar benefits, they have some major differences. A principal residence is the primary home where you live and a second home is used for personal enjoyment while limiting possible rental activity to a maximum of 14 days per year.
…A first time homeowner can find buying a new home exciting and overwhelming. When shopping for quotes, there are five areas that are especially important. Here are tips to get the best coverage at the most affordable price.
1. Know the difference between the replacement cost and the market …
(ARA) - Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a …