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Tag Archives: Recovery

Housing Recovery Has Been Slight and Erratic

Home values have been in steady ascent for a long time, but they’re still not where they were before the crash. A new report by Trulia shows housing recovery is not only slow going, it’s been incredibly scattershot. And we might not see the full end of the recession’s effects for almost another decade.

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National Housing Market Recovery Making Slow Progress

The monthly index tracks housing market stability at the national, state, and metro level, using home purchase applications, payment-to-income ratios, employment, and proportion of on-time mortgage payments as measures of health. As of the June report, Freddie Mac rescaled the MiMi to make it easier to read, though the underlying data was left untouched.

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Economic Index Finds Markets Continue to Improve

In a nationwide analysis of 351 metros, the National Association of Home Builders (NAHB) found 300 have seen year-over-year economic gains. According to the group's Leading Markets Index (LMI), 59 metros have fully returned or even exceeded their last normal levels of both economic and housing activity.

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Spring Recovery: Dead on Arrival?

Market analysts are dialing back on their expectations for the housing sector this year following reports of continued sluggishness in what should have been the start of a busier season. Sales of both new and existing homes in March fell short of expectations, dashing optimistic projections of a rebound following the end of an unusually harsh winter.

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Fitch: Housing Recovery Will Reflect Economic Performance

Fitch Ratings is the latest market commentator to blame the housing sector’s recent slowness on weather challenges. In an analysis gauging the recovery’s progress, the ratings agency listed harsh winter weather across the country as one of the biggest factors moderating the housing recovery, though higher interest rates and home prices have also provided some drag.

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