Ten cities that just can’t turn housing around. NV & several CA cities cited.
Since the peak in early 2006, the median price of a U.S. home is down by a third. And though the market has begun to show signs of having bottomed, prices are still down nationally by 1.9% from last...
View ArticleMortgages – Help for the Underemployed
ONE of the best ways for homeowners to cut costs is to refinance their mortgage, but qualifying for a new loan that would lower monthly payments can be difficult for those who are underemployed....
View ArticleLow Rates Continue to Drive Home Affordability
Thanks to historically low interest rates, American homeowners paid almost 37 percent less per month in mortgage payments in the fourth quarter compared to pre-housing-bubble norms—even as homes...
View ArticleMortgage & Market News – Tuesday – March 11, 2014
Gas prices at the pump rise. Job openings increase a bit. As the spring and summer driving seasons near, one thing is for certain – higher gas prices at the pump. The Bureau of Labor Statistics...
View ArticleMortgage & Market News – Tuesday – April 8, 2014
Small businesses show some optimism. Spring buying season begins. Job openings increase in February. The National Federation of Independent Business (NFIB) reported this morning that its small business...
View ArticleHousing starts surged in April | State unemployment rates decline | Consumer...
Friday – May 16 Construction of new homes surged in April from March, as the warmer weather ushered in builders to break ground on new homes at the fastest pace in 2014. The Commerce Department...
View Article3.5 million people unemployed fro 6 months or longer | AT&T to purchase...
Monday – May 19 The Bureau of Labor Statistics recently reported that there are 3.5 million people who have been unemployed for six months or longer. That is one million fewer than a year ago, but...
View ArticleForeclosures decline year-over-year | Job openings up in May | Small business...
Tuesday – July 8 The foreclosure numbers continue to decline year-over-year, but there was an increase from April to May, as reported by analytics firm CoreLogic. Completed foreclosures fell by 9.6% to...
View ArticleU.S. economic growth surges in the 2nd quarter | Private hiring steady |...
Wednesday – July 30 Economic growth across the U.S. surged in the second quarter of 2014 after negative growth due to harsh weather in the first three months of this year. The Bureau of Labor...
View ArticleFirst time unemployment claims rise | Wages increased in the 2nd quarter |...
Thursday – July 31 Americans filing for first time unemployment benefits rose in the latest week after declining to a 14-year low in the previous week. The Labor Department reported that Weekly Initial...
View ArticleHome prices gains easing | Gas prices at the pump declining | July Jobs...
Monday – August 4 The gains in home price appreciation this year have been easing after the big gains seen in 2013. Just recently, CoreLogic reported that home prices rose by 8.8% in the year ended in...
View ArticleHome price gains easing to more normal levels | U.S. service sector expands...
Tuesday – August 5 CoreLogic reported on Tuesday that home price gains, including distressed sales, rose by 7.5% in the year ended in June, down from the 8.3% annual gain recorded in May. The company...
View ArticleSeptember planned layoffs decline | Weekly Initial Claims decline | September...
Thursday – October 2 Outsourcing firm Challenger, Gray & Christmas reported on Thursday that planned layoffs by employers across the nation in September fell to the lowest level in 14 years. As the...
View ArticleNovember job creation soars | Gas prices at pump continues to decline
Friday – December 5 The labor markets continued to improve in November as employers across the nation added far more new workers than had been expected. The Bureau of Labor Statistics reported that...
View ArticleConsumer prices decline in November | U.S., Cuba embargo restrictions to ease...
Wednesday – December 17 Plunging gas prices at the pump led consumer prices lower in November, as reported by the Bureau of Labor Statistics. The November Consumer Price Index (CPI) fell by 0.3% when...
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