The U.S. housing market has shown notable stability in 2011 compared to the previous two years when the tax credit made a clear impact. Although recent economic indicators have been less than expected, including a downward revision of GDP and consumer confidence that mirrors early 2009, owning a home is still valued by the majority […]
Courtesy of Guest Author Jim Lewis of The Covenant Group, Associates of Supreme Lending. Last week was another volatile week for mortgage rates. Wall Street alternately sought risk and shunned it, causing mortgage-backed bonds to rise and fall rapidly. There was a lot to move markets, too, including banking concerns across Europe, inflation figures within […]
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The economy is starting to improve but the housing market has yet to show any significant signs of recovery, which has homeowners nervous. Home prices are hovering near their recession lows, hit in April 2009, according to the latest Case-Shiller home-price report. It’s a buyer’s market and by many projections, it won’t shift to a […]
FMLS, in their April newsletter, highlighted an article from CNN reporting on a possible new home housing shortage. The FMLS article is below and the CNN Report article is linked here.