Last week, the S&P/Case-Shiller Index showed home prices gaining 8.1 percent during the 12-month period ending January 2013, marking the largest year-over-year increases since the summer of 2006.
Rising Sales Prices Are Excellent News For Homeowners Across America
Existing home sales have increased by 10.2 percent as compared to 4.52 million existing home sales for February 2012, and have increased for 20 consecutive months. Read more…
NAHB Housing Market Index Shows Builder Confidence Slip In March
The National Association of Home Builders (NAHB) released its NAHB/Wells Fargo Housing Market Index for March on Monday. Home builder confidence fell for the third consecutive month with a two-point drop to a reading of 44 in March.
Surprisingly Strong Jobs Report May Affect Mortgage Rates
Last week’s jobs report — a combination of the Department of Labor’s non-farm Payrolls Report and Unemployment Rate — provided investors and job seekers with unexpected good news.
Look For Improvements In The Real Estate Market In 2013
The previous couple years’ doom and gloom outlook is looking like it is turning more upbeat and robust for the rest of 2013.
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