Existing-home sales near 5-year high

Existing-home sales, prices and inventory saw dramatic changes in 2012 reminiscent of the housing boom, statistics released by the NATIONAL ASSOCIATION OF REALTORS®. At 4.65 million units, 2012 existing-home sales were up 9.2 percent from 2011, according to NAR’s preliminary totals for the year. That would be the highest volume since 2007, when 5.03 million …

Continue reading ‘Existing-home sales near 5-year high’ »

Fannie Mae Releases Forecast on Housing, Economy

“Given improvements seen in housing, Fannie Mae revised its housing forecast higher for 2012 and 2013 in its November economic outlook report. According to the GSE, the fundamentals are set in place for a “solid” housing recovery, such as low interest rates, rising prices, and a labor market that’s healing. Considering these developments in housing, …

Continue reading ‘Fannie Mae Releases Forecast on Housing, Economy’ »

Consumer Attitudes on Housing Continue

Consumer Attitudes on Housing Continue Summer Season’s Gradual Upward Trend Americans’ Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of …

Continue reading ‘Consumer Attitudes on Housing Continue’ »

It’s safe to sell your home again

It’s safe to sell your home again While analysts debate when the housing market will hit bottom, for a surprising number of cities the turnaround has already begun.  In December, prices rose in 109 of the 384 metro areas tracked by data firm CoreLogic. Making sense of the story There are certain signs to help …

Continue reading ‘It’s safe to sell your home again’ »