New Home Supply Remains Firmly In “Seller’s Market” Territory

October 26, 2012

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.

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Simple Explanation Of The Federal Reserve Statement (October 24 , 2012)

October 24, 2012

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.

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Home Supplies Drop To Multi-Year Low

October 24, 2012

The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago.

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The Most Expensive U.S. ZIP Codes (2012 Edition)

October 23, 2012

Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America’s most expensive ZIP codes for 2012.

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What’s Ahead For Mortgage Rates This Week : October 22, 2012

October 22, 2012

Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.

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How To Improve Your FICO Score

October 19, 2012

The credit score average for approved mortgage applicant was 750 last month. From The Today Show from NBC, here are basic tips to maximize your FICO.

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Single-Family Housing Starts Rise To 4-Year High

October 18, 2012

According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.

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Home Builder Confidence Moves To 6-Year High

October 17, 2012

Tuesday, the National Association of Homebuilders reported its monthly Housing Market Index (HMI) at 41, a one-tick improvement from September and the highest HMI value since June 2006 — a span of 77 months.

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Buyers Win 6.6 Percent Increase In Purchasing Power

October 16, 2012

Home purchasing power is up 6.6% since the start of the year.

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What’s Ahead For Mortgage Rates This Week : October 15, 2012

October 15, 2012

Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.

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