housing market
Builder Confidence Unchanged in August
WASHINGTON, D.C. - August 15, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, released today.
OBAMA ADMINISTRATION RELEASES JULY HOUSING SCORECARD
WASHINGTON, DC - August 5, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the July edition of the Obama Administration's Housing Scorecard - a comprehensive report on the nation's housing market. The latest housing data offer continued mixed signals as home prices improved slightly but showed continued strain from foreclosures and distressed homes.
NAHB Study Finds Loan Limit Declines a Discouraging Prospect for Recovering Housing Market
WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- A drop in some mortgage loan limits for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and the Federal Housing Administration scheduled to occur on Oct. 1 will reduce housing demand and place downward pressure on home prices in major housing markets, according to a new study from the Economics and Housing Policy Group at the National Association of Home Builders (NAHB).
New Poll: Voters Voice Strong Opinions About Policies that Impact the Housing Market
WASHINGTON, D.C. - June 9, 2011 - (RealEstateRama) -- On Tuesday, June 14 at 1:30 p.m., the National Association of Home Builders (NAHB) will host a media teleconference to reveal the results of a national poll looking at voter attitudes toward homeownership and key housing policy issues.
Index Shows Continuing Improvement in Multifamily Housing Market
WASHINGTON, D.C. - June 9, 2011 - (RealEstateRama) -- The National Association of Home Builders’ quarterly Multifamily Production Index (MPI) recorded its third consecutive quarterly increase in the first three months of 2011 indicating continuing improvement in the multifamily housing market.The MPI, which tracks multifamily housing industry sentiment about the strength of the market on a scale of 0 to 100, increased from 40.8 in the fourth quarter of 2010 to 41.7 in the first quarter of 2011.
Proposed “Qualified Residential Mortgage” Rule Would Stunt the Housing Market and Shut Out Qualified...
WASHINGTON, D.C. - June 2, 2011 - (RealEstateRama) -- Kenneth W. Edwards, Policy Counsel for the Center for Responsible Lending, presented the following remarks at a press briefing held to discuss the impact of the proposed Qualified Residential Mortgage (QRM) rule on consumers. Other groups participating in the conference were the Mortgage Bankers Association, Consumer Federation of America, the National Community Reinvestment Coalition, and the National Housing Conference
Delinquency and Foreclosure Trends: Housing Market Remains Shaky
WASHINGTON, D.C. - May 27, 2011 - (RealEstateRama) -- The latest National Delinquency Survey issued by the Mortgage Bankers Association for the first quarter shows late mortgage payments and foreclosure starts have been dropping since the end of 2009. However, when you view the bigger picture, the housing market remains shaky, with millions of homeowners still at risk of losing their home.
Del Webb Sweetgrass Grand Opening Signals Renewed Optimism From the Baby Boomer Housing Market
HOUSTON, TX - April 13, 2011 - (RealEstateRama) -- Del Webb Sweetgrass, a community for active adults over the age of 55, welcomed 3,000 visitors during its grand opening weekend event. That number of prospective homebuyers in one day is typically seen over the course of several months in other communities in the Greater Houston area. The result of the high traffic and visitors since its grand opening has resulted in more than half of the new home sites being sold out in the neighborhood’s first phase.
Young Home Buyers Will Lead Housing Market Recovery, Says NAHB
WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- Generation X –young families and adults ages 31 to 45 – are likely to lead the home buying recovery as it gets underway, according to real estate experts who spoke at an educational webinar produced by the National Association of Home Builders (NAHB).These potential home buyers are most likely to think it's a good time to get off the fence – and have strong opinions about the design features their new homes will include.
Health of Housing Market Hinges on Access to Credit, Builders Tell Congress
WASHINGTON, D.C. - March 10, 2011 - (RealEstateRama) -- An improving job market should help boost home sales and housing production later this year, but the ongoing problems that builders are facing in acquiring construction credit threatens to significantly slow the fragile housing recovery, the National Association of Home Builders (NAHB) told Congress today.
Housing Market Recovery Depends on Jobs, Access to Credit, Says NAR
Washington, DC - November 17, 2010 - (RealEstateRama) -- Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.