CAR Market Matters

CAR Market Matters

Talking Points … Despite dropping 6 percent, mortgage applications for new home purchases still came in better than expected, the Mortgage Bankers Association’s Builder Application Survey data for November 2015. Broken up by product type, conventional loans...

A message from C.A.R. President Ziggy Zicarelli

Dear CAR Member, I’m very excited to begin my term as your 2016 C.A.R. President.  First, I’d like to thank our outgoing president, Chris Kutzkey, for serving this organization so well over the past year.  I know she put in many miles traveling around the state to...
CAR Market Matters

CAR Market Matters

Talking Points … Home prices in 20 U.S. cities rose more than expected in September, according to the latest S&P/Case Shiller Home Price Index. The 20-city composite rose 5.5 percent year over year in September, compared with consensus estimates for a 5.2 percent...
CAR Market Matters

CAR Market Matters

Talking Points … About 0.38 percent of loans went into the foreclosure process during the third quarter, which is the lowest rate since the second quarter of 2005, according to a new report from the Mortgage Bankers Association. About 3.57 percent of loans were at...
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