Builder confidence in the market for newly-built single-family homes rose one point to 65 in July, according to the latest National Association of home builders/wells fargo housing Market Index (HMI). This marks the sixth consecutive month that sentiment levels have held at a steady range in the low- to mid-60s.
That’s up from a revised reading of 68 in April and snaps a four-month slide in builder. rate increase before year’s end. Despite the overall increase in confidence this month, builders are facing.
Ultra-high-end foreclosures up 61% in 2013 December 11, 2013 RealtyTrac: High-end Foreclosures Up 61 Percent. U.S. foreclosure activity is down 23 percent year-to-date through October, but foreclosure activity on properties valued at $5 million or higher rose 61 percent from the same period in 2012, analytics firm RealtyTrac announced Dec. 3.
Builder Confidence Rises for Third Consecutive Month in New, Single-family Home Market Builder confidence for new, single-family homes rose two points for August National Association of Home Builders
JPMorgan Chase reportedly settles with FHFA for $4B Elevate your underperformers BofA completes more short sales than REO for last 18 months mortgage applications drop after big jump The volume may have been making up for a big drop two weeks ago. Interest rates were higher at this time last year. mortgage applications to purchase a home did jump 12 percent for the week, but.The company has more than doubled the number of mortgages it services in the last 2-1/2 years. experienced delay in getting a response to their request for a short sale. The remaining million.Barclays faces fraud lawsuit from NY AG NEW YORK, dec (shanghai: 600875.ss – news) 22 (Reuters) – The U.S. Department of Justice on Thursday sued barclays plc (lse: barc.L – news) and two former executives on charges of fraud in the sale of.HOW UNDERPERFORMERS CAN RAISE CAPITAL. If you are determined to turn things around and you think that your underperforming business has a chance of becoming profitable and growing in the future, then you should next look into ways on how you can raise capital. Be capital-readyJP Morgan and the Department of Justice announced a huge settlement that covers a host of legal claims against the bank. Price tag is $13 billion, but keep in mind that claims credit for $4B the bank separately negotiated with Fannie and Freddie. The Wall Street Journal report is J.P. Morgan, U.S. Settle.
The Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.
The renewed sense of confidence isn’t purely a result of the new year – in fact builder confidence has increased for four consecutive months. Still, confidence is relatively low as the 4-point.
Despite “record” second quarter, Zillow posts $10.48 million loss That, along with record-low interest. For the second quarter ended june 30, Pulte, based in Bloomfield Hills, Mich., reported a profit of $42.4 million, or 11 cents a share, compared with a.
Builder Confidence Unchanged In September : September 17, 2013: Following four consecutive months of improvement, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.
Calls for bids stayed at 54, amount of work committed for the next three months fell two points to 52, the backlog of remodeling jobs increased four points. sales," said NAHB Chief Economist Robert.
Fixed mortgage rates hit 50-year lows: Freddie Mac freddie mac: fixed-rate mortgages hit a New Year-To-Date Low May 19 – freddie mac (otc: fmcc) has released the results of its Primary Mortgage Market Survey, which shows fixed-rate mortgages declining for the fifth consecutive week amid mixed economic and housing data.
Builder confidence dipped in March, falling for the third consecutive month, however it is still at a high level historically, according to the latest Housing Market Index released by the National.
Redfin’s report indicates that new homes could potentially increase within upcoming months. Notably, homebuilder confidence increased in January. rates in recent weeks helped to sustain builder.
Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Foreclosure filings in October rose 7 percent from the previous month, RealtyTrac said Thursday.. for Third Straight Month. in Foreclosure, from the previous month, but was still down 36.
The chairman also noted that "more cities are experiencing slower gains each month than the previous month, suggesting that the rate of increase. confidence on the rise Home builder confidence in.
American Mortgage Consultants buys JCIII & Associates Late last month, HousingWire reported that American Mortgage Consultants, a third-party loan data verification provider, acquired its major competitor, JCIII & Associates. What wasn’t known at.