Mortgage Applications Sink as Rates Rise



The team at RealtyPin.com, a website that analyzes the latest real estate news, has been studying a dramatic drop in the number of mortgage applications at the end of the month of May. By the week ending on the 31st May there were 11.5% fewer applications than the week before as the average rate for a 30 year fixed rate mortgage edged closer to 4%.

The Good News: US Real Estate Has Bounced Back [infographic]



All we ever seem to hear is bad news about the US real estate market. Well, ActiveRain just did a survey of almost 2500 real estate pros, and the infographic below tells their story where the economic recovery is concerned. All in all, a rebounding market seems to be the good news for today.

Construction Spending Growth Offers Hope for Economic Recovery



Construction industry spending, on single-family housing, apartments and remodeling projects grew last November as the economy made a strong finish to 2011, another positive sign that indicates the US economy may finally be entering its recovery phase.

Survey Shows Housing Will Be Key Issue For 2012 Elections



Almost 70% of Americans have stated that Presidential and Congressional candidate’s stance on housing will be one of the most critical issues for them by the time next year’s elections come around, according to a recent survey conducted by Move Inc. that questioned 1,000 adults. The survey is positive proof of the concern surrounding housing […]

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