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....
Last year’s home price levels ended in an up-up-and-away manner, according to the latest data released by CoreLogic.   Home prices nationwide, including distressed sales, increased by 7.2 percent on a year-over-year measurement in December 2016. On a monthly measurement, December’s home prices saw... more
The Hispanic homeownership rate rose from 45.6 percent in 2015 to 46 percent in 2016, according to data from the National Association of Hispanic Real Estate Professionals (NAHREP)
The Hispanic homeownership rate rose from 45.6 percent in 2015 to 46 percent in 2016, according to data from the National Association of Hispanic Real Estate Professionals (NAHREP). This is the second year in a row that this demographic experienced a homeownership rate increase.   This increase in... more
The latest housing data offers a picture of a stable and mostly improving environment
The latest housing data offers a picture of a stable and mostly improving environment.   Freddie Mac’s Primary Mortgage Market Survey (PMMS) reported the 30-year fixed-rate mortgage (FRM) averaged 4.19 percent for the week ending Feb. 2, unchanged from last week, while the 15-year FRM this week... more
The Federal Reserve’s policy-making Federal Open Market Committee convened for its first meeting of the year and, in a unanimous vote, opted not to raise rates
The Federal Reserve’s policy-making Federal Open Market Committee convened for its first meeting of the year and, in a unanimous vote, opted not to raise rates.   “In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the... more