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Posts Tagged "housing"

Will Downpayment Assistance Help the U.S. Housing Market?

RISMEDIA, May 28, 2009-With home prices falling nearly 20% in the first quarter of 2009, Ann Ashburn, president of AmeriDream outlined four reasons why the U.S. economy and the next generation of homeowners would benefit from downpayment assistance funded in part by sellers (DPA). Congress is currently considering H.R.

Consumer Spending Index Continues Downward

RISMEDIA, June 10, 2009-The Deloitte Consumer Spending Index declined again in May, driven downward primarily by the housing market. The Index attempts to track consumer cash flow as an indicator of future consumer spending. “The year over year pace of decline in real consumer spending appears to have stabilized, however, recovery is ..

Builders Serving Mature Home Buyer Market See More Consumer Interest

RISMEDIA, June 8, 2009-Builders of single-family housing for the mature home buyer market reported an increase in traffic of prospective buyers during the first quarter of this year, according to the 55+ Housing Market Index (55+ HMI) released today by the National Association of Home Builders (NAHB). The component measuring …