Trends

The latest housing data report confirms an ongoing market trend: An evaporating inventory is contributing to declining home sales and a dramatically increase in home prices
The latest housing data report confirms an ongoing market trend: An evaporating inventory is contributing to declining home sales and a dramatically increase in home prices.   During July, Redfin determined a 6.8 percent year-over-year spike in home prices, with the national median sale price... Keep Reading....
RealtyTrac has released its Midyear 2013 Home Flipping Report, which shows 136,184 single family home flips—where a home is purchased and subsequently sold again within six months—in the first half of 2013, up 19 percent from a year ago and up 74 percent from the first half of 2011. The report also... more
New business practices instituted in the wake of nationwide mortgage reform appears to have contributed to an increase in overall customer satisfaction with primary mortgage servicers, according to the J.D. Power 2013 U.S. Primary Mortgage Servicer Satisfaction Study. The Study measures... more
The month of June marked the 17th consecutive month that both home sales and prices have been higher than the same month last year. The median price of homes sold in June was $193,750, 12.6 percent higher than the median price last June. The RE/MAX Housing Report, a survey of MLS data in 52 ... more
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaging 4.37 percent with an average 0.7 point for the week ending July 18, 2013, down from last week when it averaged 4.51 percent. Last year at this time, the 30-year... more