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Tag Archives: Percent

Fannie: Sales Up 9 Percent in 2012

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels. Although home prices are likely to dip somewhat in the winter season following typically stronger spring and summer months, Fannie Mae’s … Continue reading

New-Home Sales Rise 5.7 Percent in September

Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 389,000 units in September, according to newly released figures from HUD and the U.S. Census Bureau. This is the fastest sales pace recorded since … Continue reading

Homeowners Recover 13.5 Percent of Lost Equity Through Q3

Rising home values have brought homeowner equity to its highest level since the third quarter of 2008 and helped lift 1.3 million families above water. Homeowner equity jumped $ 406 billion, or 5.9 percent, to $ 7,275 billion in the … Continue reading

17 Percent of Homeowners Undervalue Their Home

About one out of eight, or 17 percent, of homeowners with a mortgage believes their home is worth less than the amount they owe, when in fact the opposite is true. This suggests that large numbers of owners are undervaluing … Continue reading

Study Shows 25 Percent of Americans Would Delay Home Purchase until After Election

When it comes to buying a home, 25 percent of Americans would like to know who the next president will be before they would feel totally comfortable putting their money down, according to a recent poll conducted by Harris Interactive … Continue reading

Construction Spending on Single-Family Homes up 40 Percent Since Recession Low

According to the Census Bureau, private residential construction spending fell slightly for the month of July, after three successive months of gains. The July value of private residential construction put in place was down 1.6 percent on a seasonally adjusted … Continue reading

Home Foreclosures in L.A. County, State Drop Nearly 50 Percent from Year Ago

(MCT)—Foreclosures in California plunged 48.5 percent in the second quarter from a year earlier as the residential real estate market continued recovering from its historic collapse, a market tracker said Monday. The number of foreclosures fell significantly across the state, … Continue reading

Tight Inventories Pushed Prices Up 3.2 Percent in May and June

Home prices nationwide increased by 2.0 percent in May 2012 compared to May 2011 and on a month-to-month basis increased by 1.8 percent in May 2012 compared to April 2012, according to the CoreLogic Home Price Index (HPI). The May … Continue reading

Single-Family Housing Starts Rise 3.2 Percent in May

Single-family housing production increased for a third consecutive month and builders pulled more permits for both single- and multifamily construction in May, according to newly released figures from HUD and the U.S. Census Bureau. The data reveals that the seasonally … Continue reading

U.S. Foreclosure Activity Increases 9 Percent in May

RealtyTrac®, a leading online marketplace for foreclosure properties, recently released its U.S. Foreclosure Market Report™ for May 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions—were reported on 205,990 U.S. properties in May, an increase of … Continue reading