Currently viewing the tag: "Building Permits"

Market Stabilizing: New Home Sales Unchanged

On September 28, 2010 By

Aside from builder incentives and the naturally stronger negotiating position for today’s buyer, the fact that mortgage rates are down 0.75% since the beginning of the year. Homes were already more affordable just with the dip in prices, but coupled with mortgage rates we’re now we’re nearly off the chart.

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New Home Supply Higher

On August 26, 2010 By

Yesterday’s news was from the National Association of Realtors and was the weakest Existing Home Sales report in 15 years. Today’s story is a similar release from the U.S. Census Bureau regarding the New Home Sales report.

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Single-Family Housing Starts Fade In July

On August 18, 2010 By

Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth’s latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau.

According to the newspapers,

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Housing Starts Higher

On May 19, 2010 By

Home prices are based on housing’s supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.

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Mortgage Rate Predictions: Week of May 17, 2010

On May 17, 2010 By

Loan rates improved slightly last week. In this week’s mortgage rate predictions we’re looking at a full calendar of economic data.

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Mortgage Rates: Expect volatility for week of May 17, 2010

On May 17, 2010 By

Mortgage rates for common first time home buyer programs, including FHA and conventional loans, improved last week.

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Interest Rate Predictions, Week of February 16, 2010

On February 16, 2010 By

Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.

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