News / Features

Pending Home Sales Declines From November Highs

After reaching a 19-month high in November, the National Association of Realtors’ (NAR) Pending Home Sales Index declined by 3.5 percent in December, though it did retain the year-over-year gains that defined much of housing data in 2011. A

NAR Membership Continues to Decline

Membership in the National Association of Realtors (NAR) declined for the third straight month in December, closing out a 2011 that marks the fifth straight year of annual declines for the influential association. According to the latest data from

FHFA Responds, in Principal, to Critics

The Federal Housing Finance Administration and its Acting Director, Edward DeMarco, have been receiving some considerable heat from analysts and members of Congress for their refusal to consider principal write downs for homeowners with Fannie Mae and Freddie Mac

Tougher Financing, Served Fed Style

Quite a bit has been written about the reactionary lending policies that private mortgage originators began following after the market collapse in 2008, and the common narrative has been that such credit restrictions negatively impact housing. We cover lending

Will Obama’s SOTU Speech Mention Housing?

The President’s State of the Union speech is set for tomorrow evening, and among the many economic, political and social issues he is sure to address, many are speculating if one of the more lingering debates in housing will

2011 a Down Year for Inventories

Housing inventories finished 2011 down by 22.3 percent, with 1.89 million homes on the market at the end of December, the lowest inventory in the last four years. Though low inventories would appear to be a good sign for

House Hunting Safari for International Buyers

Every so often, a piece of information comes around to show that the U.S. housing market, despite some challenging trends, is by no means entirely on shaky ground, and recent data on foreign buyers would seem to suggest such

Is the Lure of Low Home Prices Finally Ringing in Buyers?

It’s no mystery that home prices are low. CoreLogic’s latest Home Price Index fell from October to November, and prices have fallen by an average of 32.8 percent from their 2006 peak. What has not followed suit, though, are

Existing-Home Sales Finish 2011 with Merry Disposition

It appears Realtors were a very good bunch this year, as Santa delivered some promising existing-home sales data in December. Sales for existing-homes rose by 5 percent from November to December, reaching an adjusted annual rate of 4.61 million.

Freddie Economist Paints a Nuanced Portrait of Housing

Freddie Mac released 2012’s first U.S. Economic and Housing Market Outlook this week, and amidst analysis of the job market and consumer confidence, the GSE’s Chief Economist, Frank Nothaft, painted a nuanced portrait of housing, one that, despite some tough

Management Firms Join Forces in First Major REO Sale of 2012

Ever since the Federal Reserve outlined a potential bulk REO sales program, and especially after it was announced early last week that the government was in negotiations with private property management firms for such transactions, speculation has abounded on

Mobil Steel Gives Back

Mobil Steel International Inc. and its employees have been taking part in charitable events and making contributions to local charities, according to an article by UltimateSpring.com. The company has given six donations to Sagemont Church’s Helping Hands ministry, an organization

Home Prices Still Tender in Latest FNC Price Index

The latest Residential Price Index (RPI) from research firm FNC was released yesterday for the month of November, and as expected, it reported that home prices are still in a sensitive spot with foreclosures and seriously delinquent mortgages still relatively common

Housing Starts Post Big Year-Over-Year Gains

The latest residential construction statistics from the U.S. Census Bureau and the Department of Housing and Urban Development for December 2011 show privately-owned housing starts posting a big year-over-year increase, rising by nearly 25 percent from December 2010 at an

ABI Increases for the Second Straight Month

After reaching positive territory for the first time in three months in November, the Architecture Billings Index (ABI), one of the leading economic indicators of construction activity, has now scored two straight months of positive numbers, according to the most recent

Housing Market Index Continues to Construct Optimism

The National Association of Home Builder’s Housing Market Index (HMI) rose four points in January to 25, the fourth consecutive month of gains and the highest level for the index in more than four years. Bob Nielsen, the chairman

Oops! We could not locate your form.