The housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and 2014 until settling down to 3.3 percent annual increases over the next three years according to [...]
As retrospective analysis of 2012’s economic returns becomes more fleshed out, some pretty astounding figures are emerging. While it’s clear that 2012 turned itself into an overall rebound year for the housing market, certain metrics have begun to paint a picture of precisely how exceptional 2012 was.
Residential real estate has gone from dismal to a sellers’ market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in [...]
The higher home price and sales momentum that showed up toward the end of last year in Pierce County continued into January as both prices and sales rose sharply, according to Northwest Multiple Listing Service data released Tuesday.
WASHINGTON — If you want to buy a house with minimal cash by using an FHA-insured mortgage, here’s some sobering news: Thanks to a series of fee increases and underwriting tweaks — the most recent of which were announced Jan. 31 — FHA is getting steadily more expensive, and may not work for you.