Tagged : Gateway

Found 27 blog entries tagged as "Gateway".

mortgagenewsdaily.com - The April edition of Fannie Mae's National Housing Survey revealed increasing optimism in American attitudes toward both housing and the overall economy.  Virtually every positive indicator in the survey ticked upward.

More than half of survey respondents now expect home prices to climb within the next 12 months.  Fifty-one percent said they expected such improvement, up 3 percentage points from March and 19 points higher than in April 2012.   Expectations of how large that increase will be remained at an average of 2.7 percent for the second month in a row.

To read more of this article, click the link below:

507 Views, 0 Comments

homebuyinginstitute.com - If recent trends are any indication, it’s going to be a big summer for the mortgage and real estate industries. The U.S. housing market continues to improve in many areas. Demand is rising while inventories are shrinking. Low mortgage rates are hovering at or near record lows, enticing home buyers into the market.

Here’s a rundown of the recent trends we are following: More Homes Being Built, Mortgage Rates Near Historic Lows, Home Sale Returning To Normal, and Home Prices Are Rising.

To read more of this article, click the link below:

490 Views, 0 Comments


bozemandailychronicle.com - Hoping to spur more construction, the city of Bozeman will allow developers to delay paying their street impact fees.

The Bozeman City Commission voted unanimously Monday night to adopt a resolution allowing the fees to be paid later in the building process, when a structure is ready to be occupied rather than when construction begins.

To read more of this article, click the link below:

589 Views, 0 Comments

bozeman_city_of_bozeman_468bozemandailychronicle.com - Tonight, the Bozeman City Commission will consider applications for two major subdivisions in northwest Bozeman.

BMW, LLC, of Bozeman has applied to subdivide 26 acres of The Knoll at Baxter West subdivision and create 65 single-household lots. The property is located northeast of the intersection of Baxter Lane and Harper Puckett Road, north of Baxter Meadows subdivision and west of Chief Joseph Middle School.

To read more of this article, click the link below:

641 Views, 0 Comments

money.msn.com - Prices are up and inventories down – good news for the larger economy.

The housing industry finds itself on a much better footing this year: Prices are up, inventories are down, and signs abound that a recovery is firmly under way. This is good news for the economy as a whole at a time when other stalwarts of the recovery, such as exports and government spending, have started to tail off. Increased home sales put more people to work and feed an upward spiral of income, spending and employment in the real-estate and homebuilding industries. Makers and sellers of appliances, furniture and carpets, plus nurseries, landscapers and others also benefit.

To read more of this article, click the link below:

1,062 Views, 0 Comments

January’s strong start to 2013 continued into February, with national home values appreciating by 0.1 percent month-over-month, to a Zillow Home Value Index of $158,100. February marked the 16 consecutive month of appreciation, and U.S. home values have risen 6.5 percent since hitting bottom in October 2011. The last time home values rose to this level was in June 2004.

National home values in February were up 5.8 percent year-over-year, the second-largest annual gain since August 2006, behind only January 2013 (6 percent). Of the 30 largest metros covered by Zillow, all experienced annual and monthly appreciation. 

To read more of this article, click the link below:

834 Views, 0 Comments

money.cnn.com - The latest forecast from Fiserv (FISV) Case-Shiller predicts home prices will increase by an average of 3.3% annually over the five years ending September, 2017.

"2012 was the first year since 1997 that the housing market has resembled something [close to] normal," said David Stiff, Fiserv's chief economist. "For the past 15 years, home price changes and sales volumes have either been boosted by a bubble mentality or crushed by crash psychology."

To read more of this article, click the link below:

 

603 Views, 0 Comments

usatoday.com - Average U.S. rates on fixed mortgages moved closer to historic lows this week, a trend that has helped drive a rebound in home sales.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage declined to 3.51% from 3.56% last week. That's near the 3.31% rate reached in November, the lowest on records dating to 1971.

To read more of this article, click the link below:

521 Views, 0 Comments


blogs.wsj.com - The National Association of Realtors said on Thursday what home buyers in many parts of the United States have known for months: it’s becoming a seller’s market.

The number of homes listed for sale in January fell by 4.9%, leaving 1.74 million properties on the market. That’s the lowest since December of 1999, when there were 1.71 million homes on the market. By contrast, there were 2.91 million homes on the market two years ago at this time.

To read more of this article, click the link below:

628 Views, 0 Comments

blogs.wsj.com - Rising home prices have helped lift more Americans out from being underwater—that is, owing more on their mortgage than their home is worth. But trying to quantify just how many borrowers are moving back above water is producing a wide range of estimates.

Zillow said in a new report Thursday that around 2 million homeowners moved back above water last year. The online real-estate company estimated that 13.8 million borrowers were underwater at the end of the year, down from 15.7 million a year earlier, a decline of around 12%. U.S. home prices rose by 5.9% last year, though bigger price gains in some of the hardest hit housing markets had an outsized impact on returning borrowers in those regions to positive equity.

To read more of

528 Views, 0 Comments