Current Market Data

New Single-Family Home Sales Increased 19.9 Percent in 2012

New single-family home sales in 2012 increased 19.9 percent over 2011, as the homebuilding market concluded its most productive year of business in some time. According to the latest Census Bureau figures, new single-family home sales were also up

Purchase Activity Back to 2010 Levels in MBA Mortgage Survey

The Purchase Index of the Mortgage Bankers Association’s (MBA) latest Mortgage Applications Survey, which measures purchase activity in the nation’s mortgage markets, increased 3 percent last week from the week before and 26 percent year-over-year, hitting its highest level

American Housing Survey Provides Fascinating Glimpse at New-Home Shoppers

The American Housing Survey is conducted every two years by the U.S. Census Bureau, and every time the agency releases it they unleash a bevy of fascinating statistics regarding how the buyers of newly-built single-family homes differ from the

What Will Happen with Housing Inventory in 2013?

Yesterday’s existing-home sales report from the National Association of Realtors’ made two points perfectly clear: one, that existing-home sales are showing promising trends for 2013; and two, that housing inventory has fallen just about as low as it possibly

Fitch Analysis: Housing will be Economic Boon in 2013

The housing market will contribute positively to the U.S. economy in 2013, with single-family housing starts climbing 18 percent, new home sales rising 22 percent, and finally, existing-home sales increasing 7 percent, according to an optimistic report by Fitch

2012 Zillow Home Value Index Increases 5.9 Percent Over 2011

The latest Home Value Index from Zillow had nothing but good things to share about the housing market, with U.S. home values increasing 5.9 percent in 2012 over 2011. Furthermore, the Home Value Index also increased in 2012’s fourth quarter,

Existing-Home Sales Increase 12.8 Percent in December

Existing-home sales increased 12.8 percent year-over-year in December as the housing market closed out a stellar 2012, according to the latest numbers from the National Association of Realtors. Though sales did dip a bit from November to December, falling

Chicago Real Estate Shows Life in 2012, Sales Up 26.7 Percent

The Chicago real estate market showed considerable signs of life in 2012, with year-end home sales totaling 90,365, a 26.7 percent increase from 2011, according to the Illinois Association of Realtors. Homes sales in December were similarly strong, increasing

MRED’s Inventory of Homes Half That of Two Years Ago

Midwest Real Estate Data (MRED), Chicagoland’s multiple listing service, announced that December 2012 figures indicate the volume of properties for sale on Dec. 31, 2012 was at about 50 percent of that for 2010, with the number of for-sale

Home Price Increases Lift 1.4 Million Borrowers From Negative Equity

Riding the wave of increasing home prices, approximately 100,000 borrowers were lifted out of negative equity in the third quarter of 2012, according to the latest analysis of mortgages by CoreLogic. From January to September 2012, 1.4 million borrowers

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