Tag Archives: Pending Home Sales

Pending Home Sales, Prices Continue to Rise

The Mortgage Corner Those who doubt the real estate recovery aren’t paying attention to the latest sales’ data. We reported last week the Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.3 percent to 106.0 in … Continue reading

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Will U.S. Growth Slow in 2013?

Popular Economics Weekly The naysayers are already at it. First Quarter GDP growth was 2.5 percent, slightly below forecasts. So many pundits are now saying it is a repeat of last year and the year before. An initial growth spurt … Continue reading

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Mortgage Activity Continues To Improve

The Mortgage Corner Increasing mortgage purchase and refinance activity, key forward looking indicators of our housing market, show 2013 should be a great year for housings’ continued recovery. The Mortgage Bankers Association reported its Refinance Index increased 4 percent from … Continue reading

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Fourth Quarter Economic Growth Higher

Popular Economics Weekly We are seeing a boost in Q4 economic growth, in spite of “fiscal cliff” worries. Service sector growth has increased significantly, job formation is accelerating, and real estate is coming back to life, thanks mostly to more … Continue reading

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Pending Home Sales, Prices Up For the Year

The Mortgage Corner Home prices are finally rising nationally, according to same sales in the S&P Case-Shiller Home Price Index. It showed that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the … Continue reading

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Housing Values Jump in Q2 2012

The Mortgage Corner Consumers, perk up, as I said last week. Housing values are finally rising nationally. In fact, housing prices in all 20 city-metro areas in the Case-Shiller Home Price Index rose for the first time in years, before … Continue reading

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2012 Housing Recovery Fuelled by Affordability

The Mortgage Corner Housing prices needs one more year to begin to recover, according to several pundits and economists, including Barron’s Magazine and Professor Karl Case, co-creator of the S&P Case-Shiller Home Price Index. And that mostly depends on two … Continue reading

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Will Real Estate Recover in 2012?

The Mortgage Corner The recovery road may remain bumpy for real estate in 2012 but construction spending continues to increase from low levels of activity, and so housing starts. Much of it is multi-family apartments going to both new households … Continue reading

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2011—The Year That Wasn’t

Popular Economics Weekly What do we make of this year’s economy, with its ups and downs that have confused even the ‘experts’; and what to make of 2012? Believe it or not, the congressional gridlock that caused the S&P Treasury … Continue reading

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Housing Picture is Better Than We Know

The Mortgage Corner There have been some developments that tell us housing prices could stabilize and new home construction pick up in the New Year. This is even thought the continuing fall in housing prices has stymied any growth prospects, … Continue reading

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