Job creation has jumped to a score of 22, the highest score since April 2008 according to Gallup’s U.S. Job Creation Index. American workers’ reports showed strong gains as well, showing the best average in 5 years. Spring season is normally a time when job creation speeds up. Experts suggest that if job creation continues ... MORE
Theresa Springer’s Blog
New home sales jumped in April to the 2nd highest level since mid-2008. Meanwhile, the median price of new homes hit a record high, rising 8.3% from March 2012 and averaged around $271,600. Additionally, according to the Commerce Department, new home sales increased 2.3% last month from March 2012 and averaged a seasonally adjusted annual ... MORE
According to the National Association of Home Builders index, housing market confidence has increased 3 points from April to May averaging around 44 points. The chairman of the building association, Rick Judson said, “builders are noting an increased sense of urgency among potential buyers as a result of thinning inventories of homes for sale, continuing ... MORE
In September, new home sales reached their highest level since April 2010, when they were boosted by the homebuyer tax credit. According to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development, sales of new single-family homes were at a seasonally adjusted annual rate of 389,000, which is up ... MORE
The S&P/Case-Shiller Home Price Indices are a leading measure of U.S. home prices. The latest release, which covers data through the end of April, found prices up 1.3 percent from March. It was the first price increase after seven consecutive months of falling prices. David Blitzer, chairman of the index committee at S&P Indices, said ... MORE
Call Theresa Springer (MLO #70667/NMLS #70667) today at 360-798-4161 to see the difference that working with an experienced home loan professional can make for you.