The housing market is expected to hit the rock bottom that has been talked about for the past few years in June 2012 according to analysts.
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Tag Archives: Home Sales
Pending Homes Sales Report Expected to Be Down This Month – Market Update
Pending Homes Sales report is expected to show a drop this month. Treasuries and mortgage backed securties have opened down this morning.
Bond Prices Up After News of the European Bank Stress Test – Market Update
Bond prices are up this morning after the European bank stress test report showed that 8 of the 900 banks failed.
Housing Market Has Many Hurdles
Federal Reserve Chairman Ben Bernanke hopes streamlining mortgages and the buying process will help the housing market.
Housing Industry Sees Lowest Home Prices in Nine Years
Recent data suggests that prices for homes in metropolitan areas have dropped to the lowest rates since 2002. Tons of unsold homes, numerous foreclosures, and [...]
Green Home Appraisals Might Not Mean More ‘Green’ In Your Pocket
Demand for green homes is growing, but green home values are not. Know the challenges of going green.
New Home Sales Expected to Show Improvement – Market Update
Bond markets are opening up slightly this morning, ahead of the 10 a.m. new home sales report which is expected to show a 12 percent improvement month over month. Tuesday through Thursday, the Treasury will be auctioning $99 billion. The main market focus this week will be on the FOMC meeting which begins tomorrow. Fed Chairman Bernanke will be holding a press conference following the meeting in an attempt to explain the Fed’s logic behind their decisions.
U.S. Home Sales Jump Due to Home Prices Declining and Mortgage Rates Dropping
GREAT article on Bloomberg today that we absolutely have to share with our readers. The third straight year of average declining U.S. home prices is [...]
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