Clear Capital: Momentum continues to build for housing recovery

Clear Capital: Momentum continues to build for housing recovery MBA: mortgage applications down 18.6% last week MBA mortgage applications. riding a wave of lower interest rates, overall mortgage applications were up 18.6% last week as refinance applications rose an astonishing 39%. There’s good reason for this.

“The improvement in housing market conditions. s housing markets are leading the recovery trend,” Lawless said. Macro-economic research company Capital Economics, however, predicted the housing.

Accelerating Housing Recovery & Building Community Wealth in Chicago As the 10-year anniversary of the subprime mortgage crisis nears, recovery continues to be uneven, with low-income communities and communities of color facing the steepest climb toward economic stability.

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Momentum continues to build for housing recovery By Clear Capital March 4, 2013 No Comments Although current home prices have improved significantly over the last year, gains are expected to moderate over the short term, since this rate of growth is measured against lows in 2012.

REO sales continue to make an impact on the overall health and recovery of the housing market. The HDI’s equal weighting of REOs alongside fair market transactions provides the most accurate picture of the current state of the housing market. Once again, the West recorded the highest yearly growth of all the regions, at 12.9%.

Fiscal cliff uncertainty threatens to kill housing’s momentum; consumer sentiment is key to housing market progress. Las Vegas is the next Phoenix with yearly home price growth of 8.0% and 9.5%.

February’s housing numbers have shown that improvements are expected to continue throughout the year and signaled a positive start to the spring season. Clear Capital, one of the leading providers of data and solutions for real estate asset valuation and collateral risk assessment, recently released its Home Data Index Market Report.

Fixed mortgage rates hold steady as political, economic concerns fester Mortgage rates declined for the fourth week in a row, falling to their lowest levels of the year. According to the latest data released Thursday by Freddie Mac, the 30-year fixed. rates will hold.

In the euro area as well, recovery is evident but more fragile in light of the uncertain future of the economic union. In Japan, the recovery will continue but may lose some steam unless export growth maintains its new momentum. The PRC continues to rebalance, depending more on consumption to.

 · Momentum continues to build for housing recovery By Clear Capital March 4, 2013 No Comments Although current home prices have improved significantly over the last year, gains are expected to moderate over the short term, since this rate of growth is measured against lows in 2012.