Monthly Archives: November 2012

Home Prices at June 2004 Levels, 16% Below the Peak

The Federal Housing Finance Agency (FHFA) has released itsHouse Price Index (HPI) for August which shows a 0.7 percent increase in prices compared to July.  For the 12 months ending in August, U.S. prices rose 4.7 percent.  July figures were revised … Continue reading

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October Shadow Inventory Down 16 percent from Previous Year

Early data provided by Lender Processing Services (LPS) from its upcoming Mortgage Monitor report show that both national mortgage delinquencies and the foreclosure presale inventorydropped sharply in October.   Statistics from LPS’s database represent approximately 70 percent of the mortgage loans serviced by … Continue reading

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Case-Shiller Indices Reflect Six Months of Price Increases

Home prices extended their run of increases to six months in September with a 2.1 percent bump in the S&P/Case Shiller10-City Index and a +3.0 percent change in the 20-City Index.  During the third quarter the Composite Index rose 2.2 percentfrom the second … Continue reading

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Economic Update

In the News Existing home sales rose 2.1% in October to a seasonally adjusted annual rate of 4.79 million units from 4.69 million units in September. Compared to a year ago, existing home sales were up 10.9% in October. The … Continue reading

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Fannie Mae Releases Forecast on Housing, Economy

Given improvements seen in housing, Fannie Maerevised its housing forecast higher for 2012 and 2013 in its November economic outlook report. According to the GSE, the fundamentals are set in place for a “solid” housing recovery, such as low interest rates, rising … Continue reading

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NAR’s InfoGraphic on Home Buyers and Sellers 2012

Very interesting home buying/selling demographics. NAR’s InfoGraphic on Home Buyers and Sellers 2012. NAR’s InfoGraphic on Home Buyers and Sellers 2012 by THE KCM CREW on NOVEMBER 26, 2012 · 0 COMMENTS 28inShare Originally published by the National Association of Realtors (NAR). Click on the … Continue reading

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What’s Next For Housing!?!

A great video that provides a  very interesting view point as to what the future of the housing industry may be! What’s Next For Housing!?!.

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