DSNews Author: Brian Honea December 16, 2014 Freddie Mac predicted that 2015 will see the highest level of home sales in the U.S. since 2007 in its December 2014 U.S. Economic and Housing Market Outlook released on Tuesday. In the report, Freddie Mac looked back at five key consensus predictions for 2014, […]
Category: Housing Market
Housing Market Will Gain Momentum In Next Year
Report: Housing Market Will Gain Momentum In Next Year DSNews Author: Brian Honea December 12, 2014 The housing market will continue its gradual recovery and gain momentum in 2015 after a disappointing 2014, according to the Wells Fargo Economics Group 2015 Economic Outlook entitled“A Whole New Ballgame,” released earlier this week. Wells Fargo cited […]
Report: Housing Market Not Completely Back, But Getting Closer
DCNews BY: Scott Morgan, November 7, 2014 The National Association of Home Builders (NAHB) released its Q3 Leading Markets Index (LMI) report Thursday, and the verdict is: National housing recovery is getting there, slowly but surely. For months, NAHB has been reporting that recovery in the national and in most metro markets is inching its way back to normal levels. The latest report […]
3 lessons learned from the mortgage rate drop
BY: Diana Olick of CNBC, November 5, 2014 Mortgage rates are back to the highest level in a month, and if news from the U.S. economy stays positive, they could edge ever higher. While the brief drop a few weeks ago, due to concerns over global economic growth, may already seem like a distant memory, we […]
Freddie Mac Sees Bittersweet Economic Outlook
DSNews BY: Derek Templeton July 22, 2014 Some things are meant to be a little sweet and a little bitter. They’re just better that way. Semi-sweet chocolate and sweet and sour sauce, just to name a few are some of the finest flavors known to man. Unfortunately, the mixture of bitter and […]
Economy and Housing Market Projected to Grow in 2015
The good thing about economic recovery, even when it’s not living up to expectations, is that forecasters always remain optimistic for tomorrow. Despite many beginning-of-the-year predictions about spring growth in the housing market falling flat, and despite a still chugging economy that changes its mind quarter-to-quarter, economists at the National Association of Realtors and other industry groups expect an […]
Florida Shows Positive Housing Gains in Q1 2014
DSNews BY: Colin Robins May 13, 2014 Florida’s housing market showed signs of improvement in the first quarter of 2014, notching gains in median prices, new listings, and inventory while homes spent fewer days on the market. According to the latest datareleased by Florida Realtors, completed sales of single-family homes totaled roughly 50,000 for the quarter, […]
First Quarter Housing Affordability Edges Higher
DSNews BY: Colin Robins May 13, 2013 A decrease in median home prices coupled with steady mortgage rates helped contribute to higher housing affordability in the first quarter of 2014, according to the National Association of Home Builders (NAHB). NAHB, coupled with Wells Fargo, recently published their Housing Opportunity Index (HOI), which found 65.5 percent of new and […]
Foreclosure Activity Decreases in April
DSNews BY: Colin Robins May 15, 2014 RealtyTrac’s latest U.S. Foreclosure Market Report for April 2014, revealed foreclosure filings were down 1 percent from March, totaling approximately 115,000. April’s figure reflects a year-over-year decrease of 20 percent. The report found one in every 1,137 U.S. housing units with a foreclosure filing during the month. […]
U.S. Home Flipping Drops to 3.7 Percent of All Sales
DSNews BY: Colin Robins May 1, 2014 RealtyTrac released its U.S. Home Flipping Report for Q1 2014, reporting that 3.7 percent of all U.S. single-family home sales were flips. Home flipping over all is down, dropping 4.1 percent from the fourth quarter in 2013, as well as declining 6.5 percent from the previous year’s first quarter. […]
