Category Archives: Market Conditions

Delinquency Rate Slips to Lowest Level since 2008

By: Esther Cho, DSNews.com, May 22nd, 2013 Month-end mortgage performance data in April continued to point to a recovery as delinquency and foreclosure rates posted record improvements, Lender Processing Services, Inc. (LPS) reported Wednesday. In April, the delinquency rate (30-plus … Continue reading

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Home Prices Climb by at Least 5% for 6th Straight Month in April

By: Tory Barringer, DSNews.com, May 22nd, 2013 The majority of metros covered in Zillow’s Real Estate Market Reports saw home values inch up from March to April, the company reported Tuesday. Zillow’s Home Value Index climbed to $158,300 for April, … Continue reading

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Builder Confidence Rises Along with Increase in Building Permits

RealtyTimes.com, May 22nd, 2013 Housing market improvements continue to be seen with builder confidence on the rise along with an increase in building permits. The U.S. Census Bureau and the Department of Housing and Urban Development reported that residential building … Continue reading

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Housing Begins to Directly Contribute to Economy

By Megan Hopkins • May 20, 2013 • HousingWire.com The housing sector may finally become a direct and meaningful contributor to U.S. economic growth in 2013 and beyond, according to NewOak CEO and Co-Founder Ron D’Vari. D’Vari expects the sector … Continue reading

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Monday Morning Cup of Coffee: Investors Keep Sights on Real Estate

By Kerri Ann Panchuk • May 20, 2013 • HousingWire.com Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues. The investor frenzy in … Continue reading

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Inventory Finally Shows Signs of Growth in April, Rises Monthly

By: Tory Barringer, DSNews.com, May 17th, 2013 While low inventory continues to curb home sales, April may have seen the first signs that the supply situation is turning around, RE/MAX says in its latest National Housing Report. According to RE/MAX’s … Continue reading

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Mortgage Rates move higher for Second Consecutive Week

Realtytimes.com, May 17th, 2013 Mortgage rates followed U.S. Treasury bond yields higher this week on signs of stronger consumer spending. Full Story: http://realtytimes.com/rtpages/20130517_interestratewatch.htm

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Home Afrfordability Index Slips in Q1, but Remains Strong

By: Esther Cho, DSNews.com, May 16th, 2013 As interest rates stay low, housing affordability across the country remained strong in the first quarter but showed signs of weakening, according to data from the National Association of Home Builders (NAHB)/ Wells … Continue reading

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Average US Mortgage Rates Tick Higher

Associated Press, May 17th, 2013 Washington — Average US rates on fixed mortgages rose this week but remained near their historic lows. Cheaper mortgages have helped the nation’s economy by spurring more home buying and refinancing. Mortgage buyer Freddie Mac … Continue reading

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Mortgage Squeeze Loosens, Somewhat

Realtytimes.com, May 16th, 2013 Some 8 percent of banks loosened mortgage credit recently and mortgage credit conditions have either loosened or held steady for eight of the past nine quarters. Full Story: http://realtytimes.com/rtpages/20130516_mtgsqueezeloosens.htm

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