Posts Tagged ‘Housing Market’
NAHB Housing Market Index Dips 2 Points
According to the National Association of Home Builders, overall builder confidence in housing markets dropped two points in October to an index reading of 63. September’s reading of 65 was the highest posted since the housing bubble peak.
Read MoreFOMC Minutes: Housing Market Stable But Slow
The minutes of the March meeting of the Fedâs Federal Open Market Committee (FOMC) were released Tuesday and included a staff review of current economic conditions. The minutes noted that while labor markets continued to grow, inflation to the Fedâs target rate of 2.00 percent was impeded by dropping fuel prices. The Committee noted that expectations for longer-term inflation remained stable.
Read MoreHome Builder Index Stays Near Nine Year Peak
Home Builder Sentiment slipped to a reading of 57 in December according to the National Association of Home Builders Housing Market Index. November’s reading of 58 prompted analysts to project a reading of 59 for December. The latest reading marks the sixth consecutive month for readings above 50.
Read MoreWhat’s Ahead For Mortgage Rates This Week – October 20, 2014
Last week’s economic highlights included the National Association of Home Builders (NAHB) Housing Market Index for October. The Commerce Department also released Housing Starts for September. Freddie Mac reported that the average rate for a 30-year fixed rate mortgage dropped below four percent. The Fed released its Beige Book report, and Weekly jobless claims came in lower than expected.
Read MoreWhat’s Ahead For Mortgage Rates This Week – Aug 25, 2014
Last week’s economic news brought several reports related to housing. The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index for August rose by two points to 55, which was its highest reading in seven months.
Read MoreFOMC Statement: Asset Purchases to end in October, Labor Market Stronger
In recent months, investors and economists have speculated on whether or not the Fed would continue tapering its asset purchases under its latest quantitative easing (QE) program, and whether the Fed would raise its target federal funds rate of 0.00 to 0.250 percent.
Read MoreWhat’s Ahead For Mortgage Rates This Week – May 5, 2014
Last week’s economic news included several reports related to housing and mortgages. The NAR started the week on a positive note with its Pending Home Sales Index released Monday. Pending home sales in March were higher with an unexpected increase of 3.40 percent over February for an index reading of 97.40.
Read MoreFOMC Noted Retail Sales In March Reached Highest Level Since September Of 2012
The FOMC of the Federal Reserve released its customary statement after its meeting concluded April 30.
Read MoreWarmer Weather Brings In The Buyers, Is There Inventory?
After three consecutive months of decline, the S and P Case-Shiller 20-City Composite Index remained nearly unchanged in February. Year-over-year home prices rose by 12.90 percent in February as compared to 13.20 percent in January.
Read MoreHow You Can Get The Full Selling Price You Want For Your Home
When it comes to selling your home and getting the full selling price you want, there are certain tactics and methods you can employ to ensure that this wish becomes a reality.
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