OK maybe the title is a little misleading in the sense that the housing market has seem to steady out more than head up. The title should read "Foreign Investors Jumping in the US Housing Market". The National Association of Realtors reports that non U.S investors have purchased … [Read more...]
Home Prices Indicate Economic Recovery Despite Looming Fiscal Cliff
Economic doomsday theorists may persist in their declarations that an unresolved fiscal cliff spells disaster for the U.S. economy, but recent data from Standard and Poor/Case-Shiller says otherwise. The organization’s national home price index, released Dec. 26, increased 4.3 percent … [Read more...]
Homebuilder Sentiment of Housing Market at 6 Year High
Recently released figures show that homebuilders in the United States are more confident of the outlook for new housing than they have been in over six years. The National Association of Home Builders/Wells Fargo builder sentiment index has long been viewed as a great indicator of … [Read more...]
QE3 Already Boosting Housing Market
Reports indicate the Federal Reserve’s newest round of quantitative easing is working as planned. Freddie Mac’s weekly Primary Mortgage Market Survey indicates average fixed mortgage rates have fallen to record lows for the second consecutive week. Fed-purchased mortgage securities … [Read more...]
Homebuilders Lose Confidence and Economic Recovery Slows
The National Association of Home Builders stated that their reader base of builders sank to a new low of 14 since March of 2009. Anything below 50 signifies a negative sentiment about the housing market. The number of foreclosed and short sale homes are a driving factor in this … [Read more...]
