Tag: housing
Housing Takes Another Hit as 30-Year Mortgage Rates Climb Above 5%
by Douglas McIntyre on Feb.11, 2011, under Towing
Mortgage rates on 30-year fixed loans moved above 5% this week, according to a Freddie Mac report, up from 4.81% last week, reaching the highest level since April 2010. The home market is already up against a number of challenges — and now mortgage rates may be among them.
Research firm RealtyTrac recently reported that foreclosures remain stubbornly high. Standard & Poor’s has forecast home…
Continue reading Housing Takes Another Hit as 30-Year Mortgage Rates Climb Above 5%
Housing Takes Another Hit as 30-Year Mortgage Rates Climb Above 5% originally appeared on DailyFinance on Fri, 11 Feb 2011 06:30:00.
Filed Under: Economy, Real Estate
Construction: So Battered It’s Looking Forward to a Year of Flat Growth
by Matthew Scott on Feb.10, 2011, under Towing
Want to see how the construction industry will do in 2011? Look at how architects did in 2010. By that gauge, last year’s thin uptick in building design and engineering services foretells a similar small gain ahead for builders — after two years of steep declines.
Continue reading Construction: So Battered It’s Looking Forward to a Year of Flat Growth
Construction: So Battered It’s Looking Forward to a Year of Flat Growth originally appeared on DailyFinance on Thu, 10 Feb 2011 15:50:00.
Filed Under: Economy, Real Estate
U.S. Home Prices Fall to Pre-Bubble Levels
by David Schepp on Feb.09, 2011, under Towing
The drop in home values caused by the mortgage crisis has resulted in one positive outcome: Prices have fallen so far that home affordability is back to pre-housing-boom levels, reports Moody’s Analytics. But a quarter of households with a mortgage are underwater on their loan.
Continue reading U.S. Home Prices Fall to Pre-Bubble Levels
U.S. Home Prices Fall to Pre-Bubble Levels originally appeared on DailyFinance on Wed, 09 Feb 2011 08:22:00.
Filed Under: Economy, Real Estate
Rising Rents Could Be the Spark That Reignites Inflation
by Charles Wallace on Feb.07, 2011, under Towing
Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rate this year.
Continue reading Rising Rents Could Be the Spark That Reignites Inflation
Rising Rents Could Be the Spark That Reignites Inflation originally appeared on DailyFinance on Mon, 07 Feb 2011 12:00:00.
Filed Under: Economy, Real Estate
Housing’s Long and Winding Road to Recovery
by Joseph Lazzaro on Jan.27, 2011, under Towing
While home prices were falling last fall nearly nationwide, the pace of sales has picked up more recently. Overall, it seems clear that the worst of the housing debacle has passed. It’s just that the U.S. remains on a slow, grinding track back to housing health.
Continue reading Housing’s Long and Winding Road to Recovery
Housing’s Long and Winding Road to Recovery originally appeared on DailyFinance on Thu, 27 Jan 2011 12:30:00.
Filed Under: Economy, Real Estate
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