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Marketing & Statistics

Marketing & Statistics

Housing Starts Slip, Permits Rise In November

WASHINGTON, D.C. - December 19, 2012 - (RealEstateRama) -- Following an above-trend rate of production in October, nationwide housing starts slipped 3.0 percent to a seasonally adjusted annual rate of 861,000 units in November, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, permits for new construction rose to their strongest level in more than four years, with a 3.6 percent gain to 899,000 units.

Refinance Applications Fall to Lowest Level in Over a Month in Latest MBA Weekly...

WASHINGTON, D.C. - December 19, 2012 - (RealEstateRama) -- Mortgage applications decreased 12.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 14, 2012.

November Continues Trend with Increased Sales and Average Selling Prices

December 18, 2012 - (RealEstateRama) -- According to the MLS reports compiled by the Michigan Association of REALTORS®, overall November total sales volume and average sales price of single-family homes in Michigan continued to rise compared to the sa...

Elizabeth Arden Spas Sets Up Offi ce in Downtown Tempe With 11-Year Lease

TEMPE, AZ - December 18, 2012 - (RealEstateRama) -- Elizabeth Arden Spas has signed an 134-month, 13,021 SF lease at Tempe Gateway, 222 S. Mill Ave. in Downtown Tempe to serve as their retail operations hub for the U.S.

California median home price experiences highest year-to-year increase since June 2004, C.A.R. reports

LOS ANGELES, CA - December 18, 2012 - (RealEstateRama) -- As the statewide median price continued to register double-digit gains from year-ago levels, strong sales of higher-priced homes led to a year-over-year increase in sales in California during No...

New York Fed Study Examines Manhattan Housing Market

New York, NY - December 18, 2012 - (RealEstateRama) -- While New York City rents have rebounded in the past couple of years, renting still appears to offer a better financial value than buying in the Manhattan housing market, according to a recent stud...

Report: Millions of Renters at Risk of Eviction and Homelessness

WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- The National Law Center on Homelessness & Poverty released a report showing that, for many low-income renters, the Protecting Tenants at Foreclosure Act is all that stands between housing and homelessness. But if Congress fails to act, that law will expire at the end of 2014.

South Carolina REALTORS® Release November Market Numbers

COLUMBIA, S.C. - December 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its November Statewide Market Reports, and there was a lot to be thankful for throughout the month - historically low mortgage rates and affordable ...

NREL Employees and Managing Partner Pledge $500,000 to Aid Area Charities

WASHINGTON, D.C. - December 14, 2012 - (RealEstateRama) -- The employees of the National Renewable Energy Laboratory (NREL) and the Alliance for Sustainable Energy, LLC, have pledged more than $500,000 to support local charities during the lab’s annual holiday giving campaign.

MBA: Third Quarter Independent Mortgage Banker Profits Increase

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $2,465 on each loan they originated in the third quarter of 2012, up from $2,152 per loan in the second quarter, the Mortgage Bankers Association (MBA) reported today.

November Market Report

MEMPHIS, TN - December 12, 2012 - (RealEstateRama) -- Memphis-area home sales for November increased 8.5 percent from a year ago, with 1,180 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sa...

Mortgage Rates Drop to New Lows in Latest MBA Weekly Survey

WASHINGTON, D.C. - December 12, 2012 - (RealEstateRama) -- Mortgage applications increased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 7, 2012.

Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).

Apartment Insurance Costs Increase for the Second Consecutive Year According to National Multi Housing...

WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- The cost to insure apartments increased by 9.5 percent between 2011 and 2012, marking the second consecutive year of rising insurance expenditures according to the National Multi Housing Council’s (NMHC) Apartment Cost of Risk Survey (ACORS). The survey covers data from more than one million apartment units, the largest number of units covered by the survey to date, operated by 55 apartment firms, tracking three principal components of insurance premiums: property, general liability and workers’ compensation. The 9.5 percent increase in 2012 came entirely from property risk costs, with general liability and workers’ compensation costs staying virtually unchanged from 2011.

Commercial and Multifamily Mortgage Debt Outstanding Increases for Fourth Straight Quarter

WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- The level of commercial/multifamily mortgage debt outstanding increased by $6.6 billion, or 0.3 percent, in the third quarter of 2012, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA).

HUD REPORTS SLIGHT DECLINE IN NATION’S HOMELESSNESS IN 2012

PORTLAND - December 11, 2012 - (RealEstateRama) -- On a single night in January, 2012, 633,782 people were homeless in the United States, largely unchanged from the year before. In releasing HUD's latest national estimate of homelessness, U.S. Housing ...

VA Also Announces $300 Million to Expand Homeless Prevention Program

WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- The Departments of Veterans Affairs and Housing and Urban Development (HUD) today announced that a new national report shows that homelessness among Veterans has been reduced by approximately 7 percent between January 2011 and January 2012. The decline keeps the Obama Administration on track to meet the goal of ending Veteran homelessness in 2015.

HUD REPORTS SLIGHT DECLINE IN HOMELESSNESS IN 2012

WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- On a single night last January, 633,782 people were homeless in the United States, largely unchanged from the year before. In releasing HUD’s latest national estimate of homelessness, U.S. Housing and Urban Development Secretary Shaun Donovan cited as hopeful that even during a historic housing and economic downturn, local communities are reporting significant declines in the number of homeless veterans and those experiencing long-term chronic homelessness.

CONSTRUCTION EMPLOYMENT DECLINES BY 20,000 JOBS IN NOVEMBER AS MANY CONTRACTORS REPORT MAKING LAYOFFS,...

WASHINGTON, D.C. - December 7, 2012 - (RealEstateRama) -- Construction employment declined by 20,000 jobs in November while the industry's unemployment rate hit 12.2 percent, according to an analysis of new federal data released today by the Associated General Contractors of America. The construction employment figures likely reflect the fact many contractors have already cut staff and delayed hiring new employees because of the threat of the "fiscal cliff," according to results of a survey of member firms the association also released today.

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - December 5, 2012 - (RealEstateRama) -- Mortgage applications increased 4.5 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 30, 2012. Last week’s results included an adjustment for the Thanksgiving holiday.

Recent NAHB Press Releases

NAHB

New Nationwide Codes Mandate a Major Blow to Housing Affordability

Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kan., today issued the following statement after the Biden administration

Random NAHB in News

USA TODAY

Rising mortgage rates, home prices are becoming a toxic cocktail in...

Millenials are entering the housing market at a tumultuous time - many want to buy, but few can seem to afford it. Follow along with the Gliddens, a Washington, DC couple looking to set down
Forbes

I Want A Better House