Case-Shiller Shows Uneven Recovery For U.S. Housing

Recent data suggests that the U.S. housing market is in recovery. However, the data also shows this to be an uneven recovery. According to the monthly S&P/Case-Shiller Index, for example, home values rose in three of 20 tracked markets between December 2011 and January 2012. 17 tracked markets showed home...

Pending Home Sales Index Remains Strong Into Spring

The housing market took a step back in February, but remains near post-recession highs. According to data from the National Association of REALTORS®, February's Pending Home Sales Index slipped 0.5 percent from the month prior, to 96.5. The Pending Home Sales Index is a monthly report which measures the number...

Building Permits On The Rise

The new construction housing market appears primed for growth this season. According to the Census Bureau, the number of single-family building permits issued in February rose to 472,000 on a seasonally-adjusted, annual basis, marking the highest building permit tally since April 2010 -- the last month of that year's federal...

Existing Home Sales Stay Strong; Spring Season Underway

The market for home resales stays strong. Despite sparse home inventory, the National Association of REALTORS® reports that 4.59 million existing homes were sold in February on a seasonally-adjusted, annualized basis. An "existing home" is a home that cannot be classified as new construction. Last month's sales data represents a...

Buyer Foot Traffic Through New Construction Up Nearly Threefold Since 2009

Home builder confidence in the newly-built, single-family housing market remains high. In March, for the second consecutive month, the National Association of Homebuilders reports the Housing Market Index at 28 -- a doubling of the reading from just 6 months ago and, along with last month, the highest HMI value since June...

Loans For Underwater Homeowners : HARP 2.0 Now Available

The new, revamped HARP program is now available in GA and   nationwide. It was officially released Saturday, March 17, 2012 by Fannie Mae and Freddie Mac. HARP is an acronym. It stands for Home Affordable Refinance Program. HARP is the conforming mortgage loan product meant for "underwater homeowners". Under...