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.
From a list of 744 eligible towns nationwide, Carmel, Indiana ranked first in CNNMoney’s Top Places To Live 2012.
Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped.
Home resales climbed 2% last month as the housing market continues its slow, steady recovery.
Mortgage rates are lower this year, and closing costs are, too.
Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.
Over prolonged periods of time, water can warp, buckle, and/or cup hardwood flooring, leading to an expensive and time-consuming repair process.
Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?
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.
Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.
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