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Tag Archives: housing

Economic Concerns Slow Home Purchases

A combination of rising home prices, higher mortgage rates and general economic concerns seem to be restraining Americans from taking part in the spring and summer home-buying season. In May, 68% of Americans thought it was a good time to ... Read More »

Housing Activity in Some Areas Getting Back to Normal

Nationwide, 56 of 350 metro markets returned to or exceeded their last normal levels of economic and housing activity in June, according to the National Association of Home Builders’ First American Leading Markets Index. Year over year, this represents a ... Read More »

FHA’s New Plan Means More Credit Available to Borrowers

The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential ... Read More »

What’s Happening in Housing-From Lowe’s and Home Depot

The U.S. housing market has unquestionably had a weak start to the year, and there is no shortage of top-down analysis on where the market is headed. Analyzing the macro-economic climate is one thing, but investors can also get a ... Read More »

Lots in Short Supply For Many Home Builders

WASHINGTON (MarketWatch) — Families buying new homes can expect prices to continue to rise, as builders say there’s a low supply of developed lots and that properties suitable for new housing have become more expensive. Builders will pass along 100% ... Read More »

Home Sizes Increase as Economy Improves

With the improved economy, new homes are getting bigger again. The average size of newly built single-family homes increased during the first quarter of this year, according to the National Association of Home Builders. Using first-quarter census numbers on home ... Read More »

New Home Loan Rates Remain Stable

The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released earlier today by the Federal Housing Finance Agency (FHFA).  The average contract interest rate declined a scant 2 basis points to 4.19 percent, while ... Read More »

Buyers Looking For Improvements That Cut Utility Costs

Going green is good for the environment, but it can also be good for a homeowner’s wallet – and that’s the aspect of eco-friendly improvements that seems most appealing to homebuyers. More than 80 percent of buyers said they would ... Read More »