Author: Madhura Karnik

Immigrants and Housing in New York City

The Hype file could not be uploaded to this site due to a missing widget. Here is the link to file – Immigrants and Housing in New York City Data Sources – 1) New York City Housing and Vacancy Survey, 2011 2) 2010 Census Data 3) Front page photo by […]

Existing Home Sales for March Expected to Rise

A surprisingly warm weather, low mortgage rates and an overall positive economic outlook will likely drive the US existing home sales up for March. The existing home sales for February were reported at 4.59 million by the National Association of Realtors (NAR). Economists estimate the sales for March to cross […]

February Existing Home Sales Decline; But Up from Last Year

By Madhura Karnik Existing home sales declined marginally for February although remained relatively higher than the sales reported the same time last year, a sign that the housing market continues to improve. The National Association of Realtors (NAR) reported Wednesday that the existing home sales fell 0.9 percent to a […]

Refinancing – Is it Enough to Revive the Housing Market?

By Madhura Karnik President Obama has been trying really hard to revive the collapsed US housing market and to help US homeowners through various programs such as the HARP (Home Affordable Refinance Program) and the most recent $26 billion settlement for troubled homeowners. But, these efforts do not seem to […]

Existing Home Sales continue to soar

Existing home sales continued their upward rally in January, a sign affirming that the housing market is on the path to recovery. Around 4.57 million homes were sold in January, an estimate better than what was expected. This is a 4.3% increase from the December home sales, which were downwardly […]