Press Release Archive 2009-2010

December 20, 2010

Rising Rates and First-Time Homebuyers Drive Housing Market During November, Latest HousingPulse Tracking Survey Finds

WASHINGTON, D.C. (December 20, 2010) – Rising mortgage rates helped push first-time homebuyers to buy properties in November, while investors lost some of their enthusiasm for distressed properties last month. These are two of the major findings of the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.

November 22, 2010

Foreclosure Mess Prompts Homebuyers to Avoid Distressed Properties, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON, D.C. (November 22, 2010) – The ongoing controversy surrounding foreclosures is taking its toll on the housing market as a significant share of home shoppers refused to even look at distressed properties in October, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions

October 25, 2010

Recent Foreclosure Delays Come on Heels of Rise in Distressed Properties, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON, D.C. (October 25, 2010) – The proportion of foreclosure and other distressed property sales found in the housing market continued to climb in September, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. The new data suggests that any significant delay in foreclosures resulting from the recent legal controversy could have major repercussions for the housing market in the coming months.

September 20, 2010

Home Prices Stabilize in August as Homebuyer Traffic Slows, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (September 20, 2010) – Home prices showed signs of stabilizing in August, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. Importantly, prices for all three categories of distressed properties – damaged REO, move-in ready REO and short sale – ticked upward last month, while prices for non-distressed properties were flat.

August 23, 2010

Housing Market Continues to See First-Time Buyer Exodus,Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (August 23, 2010) – First-time homebuyers continued to desert the housing market in July, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. First-time homebuyers accounted for only 39.1% of the home purchase market last month, down from a peak of 48.2% as recently as March and the lowest level seen in at least a year.

July 26, 2010

Home Prices Tumble in Most Categories During June, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (July 26, 2010) – A drop in homebuyer activity helped trigger a noticeable decline in home prices between May and June, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

June 21, 2010

First-Time Homebuyer Traffic Took Nose-Dive in May, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (June 21, 2010) – Homebuyer traffic nationwide tumbled in May, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. Most of the decline was attributable to first-time homebuyers who sharply reduced their home shopping last month.

May 24, 2010

First-Time Homebuyers Began Exodus from Housing Market In April, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (May 24, 2010) – First-time homebuyers started to desert the housing market in April, ahead of expectations, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

First-Time Homebuyers Drive Housing Market in March, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (April 19, 2010) – First-time homebuyers drove the housing market in March, posting a record high share, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

March 22, 2010

Nearly Half of Home Purchases Are Distressed Properties, Latest Campbell/Inside Mortgage Finance Survey Shows

WASHINGTON DC (March 22, 2010) – The share of home purchase transactions involving distressed properties surged to almost half in February, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions

February 21, 2010

Short Sales See Big Jump in Activity During January, Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON DC (February 21, 2010) – Despite a reputation for being slow and problematic, so-called short sales are quickly becoming the preferred way to dispose of distressed properties in 2010.

January 19, 2010

Pool of First-Time Homebuyers May Be Drying Up, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON (January 19, 2010) – First-time homebuyers, the most important segment of the home purchase market in 2009, were reducing their presence in the still-recovering U.S. housing market as last year drew to a close.

December 21, 2009

Existing Homebuyers Step Up Home Purchases in November, Latest Campbell/Inside Mortgage Finance Survey Reveals

WASHINGTON, DC (December 21, 2009) – Existing homeowners, who had been sitting on the home buying sidelines for much of this year, stepped up their home purchases in November, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

November 23, 2009

First-Time Homebuyers Dominate Housing Market in October, Latest Campbell/Inside Mortgage Finance Monthly Survey Finds

WASHINGTON, DC (November 23, 2009)—Home sales to first time homebuyers surged in October, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. But real estate agent survey respondents indicate that trend may not continue in the months ahead.

November 4, 2009

WASHINGTON, DC (November 4, 2009) – The proposed extension of the tax credit for homebuyers is likely to have a much larger effect on first-time homebuyers as compared to current homeowners, according to results from the Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. That’s because the tax credit would average 4% of the home purchase price for first-time homebuyers but only 2% for current homeowners.

October 19, 2009

Survey Uncovers Surprising ‘Mini-Boom’ in Housing Market

WASHINGTON, DC (October 19, 2009) -- A surprising surge in housing activity helped push up home prices nationwide during September, according to the latest Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions.

September 22, 2009

First-Time Homebuyers Tax Credit Results In 357,000 Additional Home Sales To Date

WASHINGTON, DC (Sept. 22, 2009) --- The first-time homebuyers tax credit has resulted in 357,000 incremental home sales so far in 2009, according to a newly released estimate by Campbell Surveys. The estimate is based on findings from four national surveys of real estate agents conducted by Campbell Surveys this year.

September 17, 2009

Distressed Properties Are 45% of Home Transactions during August; First-Time Homebuyers Account for 43% of Purchasers, New Survey Shows

WASHINGTON (Sept. 17, 2009) -- Distressed properties accounted for 45% of all properties purchased with the assistance of real estate agents in August 2009, according to respondents to the Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions. Damaged Real Estate Owned (REO) accounted for 17.7% of properties purchased, move-in ready REO accounted for 15.6%, and short sales accounted for another 11.8%. The proportions of all three distressed property categories varied by less than one percentage point from the percentages surveyed for July 2009.

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