Tag Archives: Optimism

Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

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Why the value of your home may go up

“It’s about energy efficiency, it’s about savings, it’s about increasing the borrowing power for the borrower. I think it’s a win-win for the industry,” said Sen. Johnny Isakson, a co-sponsor of the bill. The bill instructs lenders with loans backed … Continue reading

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Housing starts stall, optimism doesn’t

Despite an unexpected and substantial fall in new home construction in June, industry analysts appear undeterred in their veritable housing euphoria. “This reflects a characteristically volatile multi-family sector rather than renewed weakness, and we expect homebuilding volumes to rise further … Continue reading

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Sales Soar as Manhattan Condos Kick Co-Op Prices

“They have may have re-financed, and they may have taken out a second mortgage,” said Jonathan Miller, CEO of Miller Samuel, a real estate appraisal and consultancy. “When they bought the home they may have figured out a way to … Continue reading

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Is Housing Risen From Ashes? ‘Industry Has Come Back’

Economists are saying it, and now even some Americans are saying it. After falling to depths not seen since the Great Depression, the U.S. housing market may finally be rising from the ashes.  It may not seem like a lot, … Continue reading

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