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Finance, Economy & Government Issues Archive


Experts: Say So Long To Mortgage Rates In The 3′s For Now

(MCT)—The era of the 30-year home mortgage rate in the 3's suddenly appears to be over. ...


US Foreclosure Inventory Down 29 Percent Nationally from a Year Ago

CoreLogic recently released its May National Foreclosure Report with a supplement featuring quarterly shadow inventory data as of April 2013. ...


Home Sizes Expand: Are McMansions Making a Comeback?

As sales improve and prices rebound, another housing component is showing growth: square footage. During the real estate lull, the average home size shrunk. However, while the housing market shows signs of recovery, larger and more luxurious homes are also making ...


Research Addresses Real Estate Policy Issues

This column is brought to you by the NAR Real Estate Services group. ...


New-Home Sales Rise 2.1 Percent in May

Sales of newly built, single-family homes rose for a third consecutive month in May, posting a 2.1 percent gain to a seasonally adjusted annual rate of 476,000 units, according to data recently released by HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since July of ...


Eye on the Recovery: Rebound Report Shows All Top 100 Markets Improve, Positive Equity Returning

In the latest round of positive housing news this week, Homes.com is reporting gains for single-family properties in all top 100 markets for the first time, improving from 96 and 91 markets in the two previous reporting periods. This, ...


Rising Home Prices, Increasing Equity Spark Move-up Sales

This week’s breaking news regarding the significant jump in April home prices - posting record monthly growth and the fastest year-over-year growth in seven years - is just the latest in a series of statistics confirming that the real estate ...


Would Abolishing Fannie and Freddie Stall the Real Estate Recovery?

Earlier this month, a bipartisan bill was put forth that would liquidate Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities behind private capital. While the legislation is in the very early stages, there is ...


April Home Prices Surge Nearly 7 Percent

Home prices are on the rise; the most recent FNC Residential Price Index™ (RPI) shows U.S home prices made a climb of nearly 7 percent from March to April, the largest price acceleration since June 2012. ...


2013 Mid-Year Outlook: Economic Growth on the Road to ‘Normal’

The U.S. may be well into a prolonged period of steady economic growth, but it hasn’t yet reached its full potential, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. Fiscal headwinds are expected to keep growth to below 2.0 percent for the first half of the year, with ...


Builder Confidence Hits 7-Year High, New Home Sales Rising

In continuing signs the housing market is on the upswing, builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo ...


2013 Mid-Year Outlook: Economic Growth on the Road to ‘Normal’

The U.S. may be well into a prolonged period of steady economic growth, but it hasn’t yet reached its full potential, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research Group. Fiscal headwinds are expected to keep growth to below 2.0 percent for the first half of the year, with ...


Property Values Take Flight: Home Prices Soar by over 20 Percent

Some of the housing news being kicked around recently is astounding: Home prices soaring by 20 percent or more over the past 12 months? Multiple offers? Bidding wars? All of the great news has some wondering, is another housing bubble brewing? ...


Realtor.com May Real Estate Health Report Shows Regional Markets Leading Recovery as Supply Begins to Respond to Demand

Realtor.com, a leader in online real estate operated by Move, Inc., released its Real Estate Health Report for the month of May 2013 this week. National housing indicators are being led by strong regional markets experiencing key growth, as seller supply begins to respond to consumer demand mirroring on a ...


Want to Motivate Sellers? 850,000 Properties Bounce Back to Positive Equity

Residential property analytic provider CoreLogic® recently released new analysis showing the market is making big moves, with 850,000 additional residential properties turning to positive equity during the first quarter of 2013. ...


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