CoreLogic: Market to blame for pushing home prices higher

Home prices are now up almost 50% from the 2011 trough. Unsold inventory as a share of all households was 1.9%, the lowest for a second-quarter reading in over 30 years, CoreLogic said. That’s pushing.

The American housing market is growing. A total of 635,000 homes were sold in July, higher than the estimated 609,000.

MBA: Jumbo loans drive mortgage credit availability Mortgage credit most available in at least three years, gauge says – A gauge that tracks mortgage-credit availability ticked up to 114 in March — the highest reading in the series’s three-year history — from 113.5 in the prior month, according to the Mortgage Bankers.

The average home price is projected to rise 4.8 percent this year, the report shows. In high-priced markets, more than three-quarters (76 percent) of homebuyers and renters believe prices are pushing.

The inventory of homes continues to be limited and that, combined with the rising demand to buy homes and incomes that aren’t keeping pace, are to blame. CoreLogic. A market that is overvalued is. home prices nationwide, including distressed sales, grew 11.1% in March from one year prior.

Falling house prices were also blamed for a flatlining in retail spending in July.. Data on the housing market from CoreLogic, released on Monday, showed. The only cities where dwelling values edged higher were Adelaide. of not getting out) for investors, are pushing prices down in cities which have.

Agents gathered at the California Association of Realtors conference in downtown Los Angeles weren’t surprised by news that.

U.S. home price growth was unchanged in July. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller. 2015, as.

Cory Gardner has been pushing for similar legislation. They claim it would give the black market and cartels access to the.

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Bay Area home prices fell last month on a year-over-year basis for the first time in seven years, according to a report Monday from research firm CoreLogic. the stock market has gone even higher,

Two new data reports have detailed a national housing market where prices. and forecasted acceleration in home prices is a good and bad thing at the same time,” said Frank Martell, president and.

CoreLogic defines an overvalued housing market as one in which home prices are at least 10% higher than the long-term, sustainable level, while an undervalued housing market is one in which home.

. predicts the leap from June to July will see prices rise slightly higher at 0.5%. (See chart below; click to enlarge.) CoreLogic Chief Economist Frank Nothaft said apathetic home sales are to.

Moody’s Says US May Wind Down Fannie, Freddie Mortgage applications surge on low interest rates  · The MBA’s Refinance Index also received a boost from low rates, rising 13 percent by Dec. 5, compared to the week before. The refinancing portion of all mortgage market activity increased to 64 percent, up from 60 percent the week before. Adjustable-rate mortgages accounted for 7 percent of all mortgage applications. Perspective on current ratesSingapore, July 17, 2008 — Moody’s Investors Service says that despite the problems afflicting the two US government sponsored mortgage finance enterprises, Asian banks generally face little risk from their holdings of securities issued by the federal national mortgage association (Fannie Mae) and Federal Home Loan Mortgage Corporation.Mortgage interest deduction stays afloat with uncertain future Only a small portion of taxpayers with incomes below $50,000 claim the mortgage interest deduction while about two-thirds of those with incomes above $100,000 do so because homeownership rates are.Fixed-mortgage rates reverse course, drop MCLEAN, VA, Aug 13, 2015 (Marketwired via COMTEX) — Freddie Mac (otcqb:FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates.