|
|
Minnesota Real Estate Today News!
July 2012 - Posts
-
In Washington, D.C. today, the Federal Open Market Committee (FOMC) begins a 2-day meeting, its fifth of 8 scheduled meetings this year. Mortgage rates are expected to change upon the FOMC's adjournment. Rate shoppers and home buyers of Minneapolis Read More...
|
-
Welcome to the most current Housing Trends Newsletter. This Newsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, Read More...
|
-
Home sales appear headed for a mid-summer breather. One month after posting a multi-year high, the Pending Home Sales Index retreated to 99.3 in June -- a strong reading in its own right. A "pending home sale" is a home that is under contract Read More...
|
-
The number of newly-built homes sold slipped 8 percent in June from the month prior, says the U.S. Census Bureau in its latest New Home Sales report. The June data shows 350,000 homes sold nationwide on a seasonally-adjusted, annualized basis. The home Read More...
|
-
Another week, another new low for mortgage rates. According to Freddie Mac's weekly Primary Mortgage Market Survey , the 30-year fixed rate mortgage rate fell 3 basis points to 3.53% last week nationwide. The 3.53% mortgage rate is available to mortgage Read More...
|
-
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted, annualized Read More...
|
-
New construction housing is in a post-recession rally. As reported by the Census Bureau, on a seasonally-adjusted, annualized basis, last month's Single-Family Housing Starts rose 5 percent to 539,000 units nationwide . This is the highest reading Read More...
|
-
Homebuilder confidence is soaring. For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains. The Housing Market Index measures homebuilder confidence in the new construction Read More...
|
-
The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac. There were 1.046 million foreclosure filings between January - June 2012, says the foreclosure-tracking firm in its Read More...
|
-
When the calendar flips to a new year, analysts and economists like to make predictions for the year ahead. So, today, with the year half-complete, it's an opportune time to check back to see how the experts' predictions are faring (so far). If Read More...
|
-
The Federal Reserve released the minutes from its June Federal Open Market Committee meeting, revealing a Fed divided on the future of the U.S. economy. Mortgage rates are higher after the release of the minutes. The Fed Minutes is the detailed recap Read More...
|
-
Where economic growth goes, housing growth often follows. That's why it's good news for homeowners that 84 U.S. metropolitan areas are showing "measurable and sustained growth" this month, according to the National Association of Homebuilders' Read More...
|
-
With mortgage rates down to all-time lows, you can buy a lot more home for your money. Home affordability is at an all-time high. According to last week's Freddie Mac mortgage rate survey, the average 30-year fixed rate mortgage has dropped to 3.62% Read More...
|
-
30-year fixed rate mortgage rates made new, all-time lows once again this week. According to Freddie Mac's weekly mortgage rate survey of more than 125 banks nationwide, the average 30-year fixed rate mortgage rate fell 4 basis point to 3.62% nationwide. Read More...
|
-
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. More commonly called "the jobs report", Non-Farm Payrolls is a monthly market-mover. Depending on the strength -- or weakness -- of the data, mortgage Read More...
|
-
Homes are going under contract at a quickening pace. In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier, stretching to 101.1 . A "pending home sale" is a home under contract to sell, but not yet sold. Read More...
|
|
|
|