Trends

This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD)
This year’s housing market is starting off on a strong lead, according to new data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).   There were 555,000 new single-family houses sold in January, which is 3.7 percent above the revised December rate of 535... Keep Reading....
Twenty-four percent of U.S. county housing markets were less affordable than their historic affordability averages during the third quarter
Home prices and sales last month were still on the rise while inventory continued to shrink, according to data released by Redfin.   U.S. home prices increased seven percent on a year-over-year basis in January while home sales gained 5.6 percent during the same period. The Dallas-Fort Worth had... more
The Mortgage Bankers Association (MBA) has looked into the future, and they are not complaining
The Mortgage Bankers Association (MBA) has looked into the future, and they are not complaining.   "We're expecting steady, modest growth in the U.S. economy," said MBA Vice President of Research & Economics Lynn Fisher yesterday at the MBA National Mortgage Servicing Conference & Expo. "We... more
Affordable housing continues to be an elusive commodity, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
Affordable housing continues to be an elusive commodity, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index, which has declined to its lowest point since the third quarter of 2008.   The NAHB reported that 59.9 percent of new and existing... more
This year started off with a bang, at least in terms of housing activity. According to the latest RE/MAX National Housing Report, last month “topped all other Januarys in the report’s nine-year history with the most sales, highest sales price and fewest days on market.”   Total sales were up 4.5... more