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Pending home sales improve to start year


Pending home sales rose last month.

The level of pending home sales rose during the first month of the year, which helped keep a long streak of year-over-year increases going.

Mortgage requests fall in mid-February


Mortgage applications declined recently.

Home loan application volume declined during the week ending February 22, but this may be partially due to the President's Day holiday.

Property values experience notable gains in 2012


Prospective buyers may want to make the transition to homeownership while mortgage rates, home prices remain affordable.

Despite certain factors, such as foreclosure activity and a high level of negative equity, continue to pose as significant obstacle for the housing market's recovery, property values increased significantly in 2012.

Housing affordability improves in December


The housing market experienced an increased level of affordability to finish off the 2012, which may help encourage some consumers to become homeowners.

For a home purchased in December, nearly 75 percent of all properties were affordable for median income families, according to a report from the National Association of Home Builders. This was notably higher than in October, when approximately 74 percent of consumers could afford to make such an investment.

Mortgage rates change slightly mid-February


Mortgage rates did not change significantly in mid-February.

Mortgage rates showed a modicum of stability during the week ending February 21, compared to one week earlier.

Housing starts slow to start 2013


Housing starts fell slightly in January.

The level of housing starts slowed markedly from the final month of 2012, but were still improved compared to the same month last year.

Builders remain confident in housing market


Homebuilder confidence did not change significantly in February.

The level of builder confidence in the residential housing market did not change significantly in February compared to the previous month's level.

Housing inventory levels fall in January


Home inventory dropped during January.

The residential housing inventory level dropped markedly throughout the country to start the year compared to the same month in 2012.

Foreclosure actions drop to start 2013


Foreclosure starts fell to start the year.

The level of foreclosure actions fell markedly in January from both the previous month and the same period at the beginning of 2012.

Mortgage applications fall in early February


Mortgage applications fell in the early part of February.

The level of mortgage applications dropped nationwide during the first part of February compared to the previous week.


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