Real Estate

May 23, 2013
Census Bureau: New home sales ascend

New home sales ascended in April, rising to 454,000 homes sold. The sales of new single-family homes inched up 2.3%...

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Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve’s quantitative easing program, which continues to help asset prices rise in the housing market.

ReWired

Since the housing crash in 2008, the ratio of purchase applications versus refinancing has completely switched. However, as the market levels out, purchase applications are likely to dominate the market again. 

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