Category Archives: Oswego Real Estate

Homebuilder Confidence Rises Again; Tops 40

As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September — its highest mark since June 2006.

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Foreclosures Remain Concentrated In Just A Few States

According to foreclosure data firm RealtyTrac, foreclosure activity increased 1 percent in August as compared to the month prior, climbing to just above 193,500 units nationwide.

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FOMC Expected To Announce New Stimulus Today

The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.

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What’s Ahead For Mortgage Rates This Week : September 4, 2012

Mortgage markets improved last week for the second consecutive week.

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Pending Home Sales Index Makes New High For 2012

In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.

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Government : Home Prices Up 3.0% In Last 12 Months Nationwide

According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter.

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Existing Home Sales Rise To 4.47 Million

Home resales climbed 2% last month as the housing market continues its slow, steady recovery.

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Homebuilder Confidence Rises To 5-Year High

For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007.

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