Press Releases
April 23, 2012
WASHINGTON, DC (April 23) – Despite strong homebuyer traffic and a relatively low inventory of properties for sale, home prices continued to fall in March, according to the latest results of the monthly Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. The closely-watched survey found that traffic indexes for first-time homebuyers, current homeowners, and investors were all substantially higher in March when compared to a year earlier. Significantly, the traffic indexes for current homeowners and investors last month were even higher than those recorded when the federal homebuyer’s tax credit was offered in 2009 and 2010.
March 26, 2012
Investors Set Home Buying Sights on Short Sales, Latest HousingPulse Survey Finds
WASHINGTON, DC (March 26) – Investors continued to boost their activity in the housing market during the month of February, according to the latest results of the monthly Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. And short sales have become a new target for investors now that other homebuyers have lost their enthusiasm for these popular but often lengthy and unpredictable transactions.
February 27, 2012
Current Homeowners Increasingly Using Cash When Buying a New Home, Latest HousingPulse Survey Finds
WASHINGTON, DC (February 27) – Current homeowners looking to downsize, upsize or relocate are increasingly using 100% cash to purchase a home, according to the latest results of the monthly Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
January 23, 2012
Investors with Low Bids Drive Down Home Prices, HousingPulse Finds
WASHINGTON, DC (January 23) – Cash buyers, many of them investors, are putting downward pressure on home prices, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
December 20, 2011
WASHINGTON, DC (December 20) – Despite solid demand for home purchases overall, a glut of distressed properties is continuing to put downward pressure on home prices, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
November 22, 2011
Low Prices, Rental Demand Attract More Investors, HousingPulse Finds
WASHINGTON, DC (November 22) – Low home prices and strong demand for rental properties are causing a surge in investor buying, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
October 24, 2011
Mortgage Backlogs Cause Home Purchase Closing Delays, HousingPulse Finds
WASHINGTON, D.C. (October 24) – Backlogs in approving mortgages are causing significant delays in home purchase closings, according to the latest Campbell/Inside Mortgage Finance HousingPulse monthly tracking survey of real estate market conditions.
September 26, 2011
First-Time Homebuyers Losing Interest in Short Sales, HousingPulse Finds
WASHINGTON, D.C. (September 26) – Processing delays have taken their toll on first-time homebuyer interest in short sales, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
August 22, 2011
Investors Reduce Presence in Struggling Housing Market, Latest HousingPulse Survey Finds
WASHINGTON, D.C. (August 22) – Investor purchases of homes continued to decline for the third month in a row in July as investors were forced to adapt to new business models, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
July 25, 2011
Home Prices May Not Have Hit Bottom, HousingPulse Survey Finds
WASHINGTON, DC (July 25) – Home prices, which have been sputtering along for much of the year, are likely to dip further by the end of 2011, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
June 20, 2011
Limited Financing Constrains Housing Market in May, Survey Finds
WASHINGTON, D.C. (June 20) – Homebuyer traffic, a major indication of future home sales, tumbled in May, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
May 19, 2011
Deficit of First-Time Homebuyers Weighs on Housing Market
WASHINGTON, D.C. (May 19) – The Campbell/Inside Mortgage Finance HousingPulse Tracking Survey’s Distressed Property Index, a key measure of the health of the U.S. housing market, fell slightly to 47.7% in April, although sales of distressed properties continued to account for nearly half of the market. The monthly HousingPulse Survey also showed the proportion of first-time homebuyers in the housing market fell to 35.7% in April compared to 43.4% a year earlier. This resulted in the… Source: Inside Mortgage Finance
April 25, 2011
HousingPulse Distressed Property Index Rises for Month; Homebuyer Traffic Flattens
WASHINGTON, D.C. (April 25) – The HousingPulse Distressed Property Index (DPI), a key indicator of the health of the U.S. housing market, rose to 48.6 percent in March – the second highest level seen in the past 12 months. In another potentially significant development, the HousingPulse Homebuyer Traffic Index (HTI) registered a slowdown for owner-occupant activity during March. Source: Inside Mortgage Finance
March 21, 2011
WASHINGTON, D.C. (March 21) – The housing market sent mixed signals in February as the percentage of distressed properties in home purchase transactions dipped while investors stepped up their home buying. These are two major findings of the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey conducted in early March. Source: Inside Mortgage Finance
February 22, 2011
WASHINGTON, D.C. (February 22) – In an ominous sign for the still fragile U.S. housing market, the percentage of distressed properties in home purchase transactions climbed to the highest level in nearly a year in January. Meanwhile, first-time homebuyer activity fell sharply last month – the result of more expensive financing options and tightened mortgage underwriting standards
January 24, 2011
WASHINGTON, D.C. (January 24) – Sales of distressed properties surged in December as many banks resumed foreclosures following stoppages in late fall. At the same time, first-time homebuyer activity remained strong as purchasers rushed to close transactions before interest rates rise further. These are two of the major findings of the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey.
December 20, 2010
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
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
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
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
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
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
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
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.
April 19, 2010
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
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
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
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
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
Survey Shows Tax Credit Extension for Homebuyers Likely to Encourage Mostly First-Time Purchasers
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
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.
To subscribe to HousingPulse or obtain further information, contact:
John Campbell at john@campbellsurveys.com or (202) 363-2069
