According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker’s 1987 inception.
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.
Mortgage rates are lower this year, and closing costs are, too.
For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007.
For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains.
84 U.S. metropolitan areas are showing “measurable and sustained growth” this month.
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
Refinancing homeowners are granted a 3-day “cooling off” period.
There are 3,033 counties in the United States. Which 10 are the richest in terms of median household income? Not surprisingly, those near major economic centers rank high.
In March, single-family Housing Starts were down 0.2% from the month prior, or just 1,000 units on a seasonally-adjusted, annualized basis.