The housing slowdown isn’t being felt in some areas around the country.
For example, in some California areas the housing supply limited.
Other metropolitan areas continued to post gains in home prices nearly every month are Seattle, Portland, OR, and Charlotte, NC. In Charlotte, home price growth has averaged around 7 percent over the last five years. […]

Many buyers judge a house by its exterior, or so it seems from the results of the 2007 Remodeling Cost vs. Value Report. Three of the four projects with the highest national percentage of costs recouped this year were exterior upgrades.
The most profitable project on the national level was upscale siding replacement, recouping 88 percent […]

The National Association of Realtors (NAR)’s latest pending home sales index point toward softer sales for the remainder of the year. However, there are large local variations.
There is good news! FHA loan applications and approvals have been rising robustly. HUD’s endorsement of FHA loans for home purchases rose 58 percent compared to a year ago. […]

Mortgage applications rose above 5 percent last week on a seasonally adjusted basis, despite a shortened Labor Day holiday week, according to the Mortgage Bankers Association weekly survey.On an unadjusted basis, the index decreased 16.7 compared to the previous week and was up only .01 percent compared with the same week a year ago.
The refinance […]