Posts tagged "home"

Pending Home Sales Continue Recovery

The National Association of Realtors reports: Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®. The Pending Home Sales Index,* a forward-looking indicator, rose 3.5 percent to 92.2 based on contracts signed in November from a... Read more »

Mortgage rates edging lower after a steep, but short, climb

The Wall Street Journal reports: Home-mortgage rates eased in the latest week, falling slightly after several weeks that saw mostly sharp increases, according to Freddie Mac’s weekly survey of mortgage rates. Rates had slumped for months, setting record lows in the process, as yields on Treasurys slid amid economic uncertainty. But yields began to rise... Read more »

Big news; some home prices rising

Reports Crain’s Chicago Business: Home prices are rising again in some Chicago-area neighborhoods, in a sign that the local housing market is nearing the end of a devastating three-year slide. Single-family home prices rose in 56 of 253 Chicago-area ZIP codes last year, according to Fiserv Inc., which calculates the widely followed Case-Shiller Home Price Index.... Read more »
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