Economists say housing outlook continues to slowly brighten
Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the road, [...]
Homeownership, vacancy rate decline slightly in Q1
National vacancy rates in the first quarter of 2012 were 8.8 percent for rental housing and 2.2 percent for homeowner housing, according to the Department of Commerce’s Census Bureau. The [...]
Case-Shiller index declines in Q4 2011
The S&P/Case-Shiller national composite fell by 3.8 percent during the fourth quarter 2011 and was down 4 percent compared with the fourth quarter 2010. Both the 10- and 20-City Composites [...]
Consumer confidence increases in February
The Conference Board Consumer Confidence Index increased in February. The Index now stands at 70.8 (1985=100), up from 61.5 in January. The Present Situation Index increased to 45 from 38.8. [...]
California home prices down due to distressed properties
California home sales declined from both the prior month and year in January, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The median price also was lower, primarily [...]
A fixed rate alternative
With interest rates at historically low levels, many borrowers are finding value with a reliable fixed-rate mortgage. However, borrowers who think they could be relocating in the near future, or [...]
Independent Foreclosure Review process
Homeowners who had a mortgage loan on a primary residence and who believe were financially harmed during the mortgage foreclosure process by GMAC Mortgage, HSBC Finance Corporation, SunTrust Mortgage, or [...]
Construction spending rose in October
The U.S. Census Bureau of the Dept. of Commerce announced yesterday that construction spending during November 2011 increased 1.2 percent to an estimated seasonally adjusted annual rate of $807.1 billion [...]
U.S. homes set to lose nearly $700 billion in value during 2011
U.S. homes are expected to lose more than $681 billion in value during 2011 – 35 percent less than the $1.1 trillion lost in 2010 – according to analysis of [...]
Fourth quarter starts with broad-based declines in home prices
Data through October 2011, released Tuesday by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed decreases of 1.1 percent and 1.2 percent for the 10- and 20-City Composites in [...]
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© 2012 Mark Stilwell – Palm Springs Gay Realtor
Recent Posts
- Economists say housing outlook cont… by admin
Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the road, [...]
- Homeownership, vacancy rate decline… by admin
National vacancy rates in the first quarter of 2012 were 8.8 percent for rental housing and 2.2 percent for homeowner housing, according to the Department of Commerce’s Census Bureau. The [...]
- Case-Shiller index declines in Q4 2… by admin
The S&P/Case-Shiller national composite fell by 3.8 percent during the fourth quarter 2011 and was down 4 percent compared with the fourth quarter 2010. Both the 10- and 20-City Composites [...]
- Consumer confidence increases in Fe… by admin
The Conference Board Consumer Confidence Index increased in February. The Index now stands at 70.8 (1985=100), up from 61.5 in January. The Present Situation Index increased to 45 from 38.8. [...]
- California home prices down due to … by admin
California home sales declined from both the prior month and year in January, according to data from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The median price also was lower, primarily [...]
- A fixed rate alternative by admin
With interest rates at historically low levels, many borrowers are finding value with a reliable fixed-rate mortgage. However, borrowers who think they could be relocating in the near future, or [...]
- Independent Foreclosure Review proc… by admin
Homeowners who had a mortgage loan on a primary residence and who believe were financially harmed during the mortgage foreclosure process by GMAC Mortgage, HSBC Finance Corporation, SunTrust Mortgage, or [...]
- Construction spending rose in Octob… by admin
The U.S. Census Bureau of the Dept. of Commerce announced yesterday that construction spending during November 2011 increased 1.2 percent to an estimated seasonally adjusted annual rate of $807.1 billion [...]
- U.S. homes set to lose nearly $700 … by admin
U.S. homes are expected to lose more than $681 billion in value during 2011 – 35 percent less than the $1.1 trillion lost in 2010 – according to analysis of [...]
- Fourth quarter starts with broad-ba… by admin
Data through October 2011, released Tuesday by S&P Indices for its S&P/Case-Shiller Home Price Indices, showed decreases of 1.1 percent and 1.2 percent for the 10- and 20-City Composites in [...]
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