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Finance, Economy & Government Issues Archive


Prices Rising to a Possible Peak? A Closer Look at the Numbers

In July, U.S home prices continued to increase, according to the latest S&P/Case-Shiller Home Price Index. On a year-over-year basis, home prices grew by 12.4 percent in July, the fastest annual pace since February 2006, at the height of the housing ...


Coldwell Banker Previews International Survey Shows More Young Money Entering the Luxury Real Estate Market

A new survey by Coldwell Banker Previews International® and the Luxury Institute finds that wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 ...


All Top 100 Markets Gained in Homes.com July Data

Utilizing home pricing data for the period ending July 2013, the Homes.com Price Index showed gains for single-family properties in all 100 markets, up from 87 in the previous reporting period. ...


OwnAmerica Identifies Top 25 U.S. Housing Investment Markets

OwnAmerica CEO Gregory Rand has identified the top 25 residential real estate investment markets using the firm's proprietary methodology, based on time-tested metrics and local expertise on the ground in each community. Selection of winning investment markets is driven by a ...


Market Insider: Regional Variations in Recovery

The national housing data have been quite impressive this year. Existing-home sales were up 9.4 percent last year and are on track to match with similar increases this year. New-home sales are showing even better percentage gains, though off very low ...


New Single-Family Home Size Rises

The size of a typical new single-family home rose in second quarter of 2013 continuing a post-recession trend. The recent increase in size is likely due to an atypical mix of buyers. ...


Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 1.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 30, 2013. ...


July Home Prices Soar by over 12 Percent Year-Over-Year

The housing market continues its march forward, as home prices nationwide increased by 12.4 percent year-over-year in July when compared to a year prior, according to the July CoreLogic Home Price Index (HPI®) report. ...


Apartment and Condominium Market Gains Momentum in Second Quarter

Production of apartments and condominiums gained momentum in the second quarter of 2013, according to the latest Multifamily Production Index (MPI), released recently by the National Association of Home Builders (NAHB). The index increased nine points to 61, which is the ...


U.S Agencies Propose an Ease in Mortgage Requirements

Big news is circulating the housing sector as six regulatory agencies recently proposed an eased version of the Qualified Residential Mortgage proposal. This new proposal provides more Americans with access to affordable credit while encouraging a reliable, safe financial system. The ...


Time on Market Falls to 8.6 Weeks

Houses are selling faster in America than they have in three and a half years, the height of the homebuyer tax credit, as the recovery continues to roar through the summer months despite predictions the torrid pace of sales will slow. ...


House Prices Continue to Rise

Nationally, house prices continued to rise in the second quarter of 2013. According to the most recent release by the Federal Housing Finance Agency, U.S. house prices rose by 2.1 percent on a quarter-over-quarter seasonally adjusted basis. This is the eighth ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 16, 2013. ...


Economy Picks Up Steam; Housing Recovery, Consumer Spending, and Manufacturing Pave the Way

Economic growth continues to gain momentum in the second half of the year, as expected, despite the slow start at the beginning of 2013. Fannie Mae’s Economic & Strategic Research Group’s full-year forecast for both the economy and housing market remains ...


Privately Owned Housing Starts Up 21 Percent from Last Year, Sizeable Gains in Multifamily Housing


Data released recently by the U.S. Census Bureau in conjunction with the Department of Housing and Urban Development indicates that privately-owned housing starts were at a seasonally adjusted annual rate of 896,000 in July, 6 percent above the upwardly revised June ...


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