housing market 2012 - Articles

Top 10 Turnaround Housing Markets in 2012

By Mamta Badkar The U.S. housing market turned the corner in 2012. The latest home price report from Trulia says home prices were up 5.1 percent year-over-year nationally. And the pace of increases also picked up in 2012. With home prices up 0.8 percent quarter-over-quarter in the first quarter, and up 2.3 percent in... Continue Reading »

RealtyTrac Election Housing Report Finds Housing Market Worse Off than in 2008

Despite the many recent signs of life in the real estate market -- one possible explanation for why housing policy has remained largely absent from the presidential debates -- the reality is still grim. The market is far down from where it was in 2008, when the financial crisis was reaching its peak, let alone the days of... Continue Reading »

Robert Shiller Q&A: Housing Sage Says Prices Could Drop Further

WASHINGTON -- He predicted the tech-stock collapse. He foresaw the housing bust. So naturally, everyone wants to know what Robert Shiller thinks of today's stock prices, now perched at a four-year high. Or about the direction of home prices. Keep your hopes in check. Shiller is disinclined these days to offer specific... Continue Reading »

After Dismal Year, Homebuilders See Hope in 2012

WASHINGTON -- Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for a recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce... Continue Reading »

Housing Market Recovery Forecast for 2012

By Kerri Panchuk Improved employment figures and record home affordability levels could spawn a minor housing recovery this year, analyst Mark Fleming said Wednesday in the "CoreLogic MarketPulse" report. Fleming says that economic concerns peaked in the summer of 2011 when politicians were stuck wrangling over the... Continue Reading »

Homebuilder Sentiment Rises to Highest Level Since 2007

WASHINGTON -- U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index rose four points to 25 in January. That's the highest level... Continue Reading »

Case Shiller: Home Prices Slide in Most Major Cities

WASHINGTON - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in October from September in 19 of the 20 cities... Continue Reading »

Housing Starts Soar, Giving Builders New Hope

WASHINGTON -- A surge in apartment construction gave homebuilders more work in November. And permits, a gauge of future construction, rose 5.7 percent, spurred by a jump in apartment permits. The 16 percent rise in permits provides hope for the housing market, though 2011 is still shaping up as one of the worst years in... Continue Reading »

Homebuilder Confidence Rises to Highest Level Since Spring 2010

WASHINGTON -- Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 21 in... Continue Reading »

Mortgage Delinquency to Drop Sharply in 2012, Report Says

NEW YORK -- If the U.S. economy does not suffer more setbacks, the rate of mortgage holders behind on their payments should decline significantly by the end of next year, according to credit reporting agency TransUnion. Mortgage delinquency rates -- the ratio of borrowers 60 or more days behind on their payments -- will... Continue Reading »

New Home Sales Stir, But Remain Sluggish

WASHINGTON -- Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's -- the worst in half a century. The report suggests that housing continues to drag on the... Continue Reading »

Housing Market On the Rise in 2012, Expert Says

Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year's record lows, the chief economist of the nation's largest real estate group said Friday. "Tight mortgage credit conditions have been holding back... Continue Reading »

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