Monthly Archives: December 2012

The Market Composite Index, a measure of mortgage loan application volume, increased 6.2 percent on a seasonally adjusted basis from one week earlier. The Refinance Index increased 8 percent from the previous week and is at its highest level since … Continue reading →

Industrial production increased 1.1 percent in November after having fallen 0.7 percent in October. The gain in November is estimated to have largely resulted from a recovery in production for industries that had been negatively affected by Hurricane Sandy, which … Continue reading →

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before … Continue reading →

US house prices will continue to strengthen in 2013 with most residential real estate indice rising by 2 to 3 percent, it is claimed. Long term mortgage rates in the US are likely to remain near their record lows for … Continue reading →

Trulia chief economist Jed Kolko is on record a year ago for saying: “Even the best possible 2012 won’t get us halfway back toward normal.” That turns out to be true, but barely. Kolko outlines what he believes to be … Continue reading →

When you drive a new car off the lot, it immediately loses some of its value. Does the same apply to real estate? And if so, should you care? For years, the new construction and development market has been sluggish. But now, … Continue reading →

Mashable business reporter Seth Fiegerman recently responded to a LinkedIn survey asking professionals around the world which office technologies would be coming and going in the next five years. Which technologies are on the way out? You can probably guess … Continue reading →

Home prices may be low, but that’s doing little to help America’s moderate income families, most of which rent and are suffering from ballooning rental costs, gas prices, and utility bills, reports the Chicago Tribune. During the last decade, housing and … Continue reading →

Trulia released the latest data for its November 2012 Trulia Rent Monitor. Rents were up nationally 5.6 percent year-over-year in November, compared to asking prices on for-sale homes increasing 5.4 percent over the same period. But out of the Top … Continue reading →