Home Sales Are Up Across The Country

Housing sales up In the December 2 edition of the Summary of Commentary on Current Economic Conditions, commonly called the Beige Book, eight Federal Reserve Districts reported an economic uptick. In fact, all but two Fed districts reported increased activity or improved conditions, with Philadelphia and Richmond seeing mixed results. At the end of the… Read More

Rental Vacancies The Highest Since 1980

The apartment vacancy rate ended the year at 8%, the highest level since Reis Inc., a New York research firm that tracks vacancies and rents in the top 79 U.S. markets, began its tally in 1980. Rents fell 3% last year, according to Reis, led by declines in San Jose, Calif., Seattle, San Francisco and… Read More

Mortgage applications edge up in latest week (USA Today)

Mortgage applications nudged higher last week, marking a third weekly rise, driven by a slight uptick in demand for home refinancing loans, an industry group reported on Wednesday.