Report: Housing Market Will Gain Momentum In Next Year DSNews Author: Brian Honea December 12, 2014 The housing market will continue its gradual recovery and gain momentum in 2015 after a disappointing 2014, according to the Wells Fargo Economics Group 2015 Economic Outlook entitled“A Whole New Ballgame,” released earlier this week. Wells Fargo cited […]
Tag: economic recovery
Mortgage Delinquency Rate Predicted to Fall by End of 2015
DSNews Author: Brian Honea December 10, 2014 Mortgage Delinquency Rate Predicted to Fall to Pre-Recession Level by End of 2015 The nation’s mortgage loan delinquency rate is expected to fall down to 2.51 percent by the end of 2015, its lowest level since prior to the housing bust, according to data released […]
Default Rates Decline in April to Lowest Post-Recession Rate
Data through April 2014 showed a decline in the national default rate from March, according to S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices. The indices are a comprehensive measure of changes in consumer credit defaults, released monthly. The national composite default rate recorded its lowest post-recession figure of 1.11 […]
Total Home Sales and Prices Tick Slightly Upward in March
DSNews BY: Colin Robins April 24, 2014 According to RealtyTrac’s latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year. The median sales price for […]
Yearly Asking Price Gains Slow Despite Solid Monthly, Quarterly Gains
DSNews BY: Colin Robins May 9, 2014 Nationally, asking prices rose 0.8 percent month-over-month in March and 2.8 percent quarter-over-quarter in April. Yet asking prices rose a mere 9.0 percent year-over-year, the smallest gain in 11 months according to an analysis of data from Trulia’s Price Monitor and Rent Monitor. With monthly and quarterly increases holding steady, […]
Mortgage Delinquency Rate Continues to Drop
DSNews BY: Colin Robins May 7, 2014 The mortgage delinquency rate declined to 3.61 percent at the end of the first quarter of 2014, according toTransUnion’s latest mortgage report. Overall, the mortgage delinquency rate has dropped 24 percent in the last year, and has experienced nine consecutive quarters of decline. Currently, the rate is […]
Economic Index Finds Markets Continue to Improve
DSNews BY: Colin Robins May 6, 2014 In a nationwide analysis of 351 metros, the National Association of Home Builders (NAHB) found 300 have seen year-over-year economic gains. According to the group’s Leading Markets Index (LMI), 59 metros have fully returned or even exceeded their last normal levels of […]
