The latest National Association of Homebuilders/First American Leading Markets Index (NAHB/LMI) released Thursday found that markets in 63 out of 351 metropolitan areas nationwide (about 18 percent) matched or exceeded their normal levels of economic and housing activity in Q4 2014, according to an announcement from NAHB.
Read More »Strong Finish to 2014 For Texas Housing Market Caps State’s Second-Best Year Ever
Housing in Texas heated up in the final quarter of 2014, capping off the second-best year for the market in the state's history, according to data released by a local Realtor group.
Read More »Survey: Americans’ Attitude Mixed Toward Housing, Economy
Consumers' median earnings growth expectations were 2.5 percent for the year ahead in December, the New York Fed revealed. While that marks a step back from November's reading of 2.7 percent, it's still the second-highest reading since the start of that measure in July 2013.
Read More »Survey: Doubts About Housing Persist Despite Growing Economic Confidence
While optimism—likely spurred by continuing job growth—is on the rise, the number of Americans whose household income has fallen off significantly over the last year picked up (hitting 14 percent), and a declining share expect their personal financial situation will improve in 2015.
Read More »Existing-Home Sales Decline Despite Low Interest Rates
Sales of pre-owned homes stalled out in November, plunging to their slowest pace in half a year only one month after hitting a 2014 high. Despite the stumble, home resales in November were still up 2.1 percent from year-ago levels, making it just the second month in 2014 to see sales rise year-over-year. It's been a year of starts and stops for home sales, which have struggled under the weight of rising mortgage rates (a trend that has reversed in recent months), a tighter lending environment, declining affordability, and a lack of housing stock available for buyers.
Read More »Millennials Expected to Power Housing Market in 2015
The year 2015 is gearing up to be a stronger, more expensive housing market powered for the first time by new millennial buyers, according to the Realtor.com 2015 Housing Forecast.
Read More »Income, Inventory Increases Lift October Home Sales
Income growth and rising home inventory levels helped push house sales up in October compared to last year, marking the first major increase year-to-date, according to a report.
Read More »Analysts Predict Continued Improvement for Housing as Economy Strengthens in 2015
Looking at the larger economic picture, the economists predict a 3 percent growth rate for gross domestic product (GDP) in 2015, which would mark only the second year in the past decade in which growth was at 3 percent or higher.
Read More »Consumer Confidence Growing, But Attitudes Toward Housing Remain Mixed
Despite growing economic confidence, Americans' housing sentiment remained mixed in October, according to survey findings from Fannie Mae.
Read More »Housing Recovery Moving Slowly Despite Moderate Gains in Sales
While home sales prices posted moderate gains in September, the housing market recovery as a whole is moving slowly, according to the Wells Fargo Economics Group Housing Wrap Up for October 2014.
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