Name: Coos Bay Properties
Date registered: March 1, 2011
May
22
The housing market continues to improve, helping many home-improvement retailers gain more revenue as more consumers invest in home projects. Home Depot Inc, the largest home improvement retail store in the United States posted their first-quarter profit showing their net income had increased by 18% to $1.23 billion. As home prices rise, more homeowners and …
May
21
According to Fannie Mae’s economic outlook the economy is expected to grow as the year continues and the housing market improves. The housing market is expected to continue building the economy well into 2014, according to many experts. The chief economist for Fannie Mae, Doug Duncan said,”our May forecast predicts that the second half of …
May
20
According to Freddie Mac, mortgage rates have increased. A recent survey reported that mortgage lenders have been offering 30-year fixed-rate loans at an average of approximately 3.51% showing signs of a more stable economy. Consumer retail sales grew in April when many experts had forecasted a decline in retail sales and mortgage delinquencies continued to …
May
17
According to the National Association of Home Builders index, housing market confidence has increased 3 points from April to May averaging around 44 points. The chairman of the building association, Rick Judson said, “builders are noting an increased sense of urgency among potential buyers as a result of thinning inventories of homes for sale, continuing …
May
16
Mortgage applications fell slightly last week from the previous week as home purchase filings and refinancing slowed down. According to the Mortgage Bankers Association, mortgage applications decreased by 7.3%, but experts suggest that many times after a boost in mortgage activity levels will drop slightly. Additionally, mortgage applications are still 10% higher than levels seen …
May
15
According to the National Association of Realtors, United States housing affordability has increased to historically high levels in 2013′s first quarter. 73.7% of new and existing homes sold in the first three months of the year were considered affordable for Americans earning a median income. Housing affordability is subject to change based on geological location …
