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Foreclosure Filings Down 19 Percent In One Year

Posted by Matt Hennessy on February 22, 2012 in Housing Analysis

Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom.

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Housing Starts Stay Strong; Building Permits Rise.

Posted by Matt Hennessy on February 17, 2012 in Housing Analysis

The 2012 housing market started like 2011 ended — strong.

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Homebuilder Confidence Returns To Pre-Recession Levels

Posted by Matt Hennessy on February 16, 2012 in Housing Analysis

For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index’s highest reading since May 2007.

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Case-Shiller Index Says Detroit And Washington DC Lead The Market

Posted by Matt Hennessy on February 1, 2012 in Housing Analysis

According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.

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Supply Of New Homes At 6.1 Months Nationwide

Posted by Matt Hennessy on January 31, 2012 in Housing Analysis

According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.

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Pending Home Sales Index Posts Second Best Month Since April 2010

Posted by Matt Hennessy on January 27, 2012 in Housing Analysis

The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.

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Existing Home Sales Approach Bull Market Territory

Posted by Matt Hennessy on January 24, 2012 in Housing Analysis

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.

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Behind The Housing Starts Headlines, The Story That Matters

Posted by Matt Hennessy on January 20, 2012 in Housing Analysis

Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.

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Home Builders See More Sales, Higher Prices Ahead

Posted by Matt Hennessy on January 19, 2012 in Housing Analysis

Homebuilder confidence is soaring, reaching levels not seen in more than 4 years.

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Foreclosure Filings Fall To 49-Month Low

Posted by Matt Hennessy on January 18, 2012 in Housing Analysis

Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.

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