Blog Archive
An archive of our newsletters, press releases, feature articles and more.
Economic Update - May 20, 2013
Published on: 05/20/2013
Retail sales rose 0.1% to $419 billion in April. This follows a 0.5% decrease in March. Compared to April 2012, retail sales have increased 3.7%. Continue Reading »
Economic Update - May 13, 2013
Published on: 05/13/2013
The CoreLogic home price index rose 1.9% in March. On a year-over-year basis, when compared with March 2012, prices rose 10.5%. It was the largest annual gain since March 2006 and the 13th ... Continue Reading »
Homeline - Food Co-ops Help Consumers Enjoy Farm-Fresh Foods
Published on: 05/09/2013
Economic Update - May 6, 2013
Published on: 05/06/2013
Pending home sales, a forward-looking indicator based on signed contracts, rose 1.5% in March after a revised 1% decrease in February. On a year-over-year basis, pending home sales were 7% higher ... Continue Reading »
Economic Update - April 29, 2013
Published on: 04/29/2013
New home sales rose 1.5% in March to a seasonally adjusted annual rate of 417,000 units from a rate of 411,000 units in February. On a year-over-year basis, new home sales were 18.5% higher than ... Continue Reading »
Special Edition - Celebrate Earth Day
Published on: 04/19/2013
Approximately 46 million existing single-family homes are without adequate insulation. Upgrading these homes would save $5.9 billion per year in reduced energy costs. Continue Reading »
Economic Update - April 15, 2013
Published on: 04/15/2013
Retail sales fell 0.4% to $418.3 billion in March. This follows a 1% increase in February. Compared to March 2012, retail sales have increased 2.8%. Continue Reading »
Mind Your Money - Buying a Home Is Cheaper than Renting
Published on: 04/12/2013
Buying a home is 44% cheaper than renting in America’s 100 largest metro areas, according to a recent study by Trulia. Continue Reading »
Economic Update - April 8, 2013
Published on: 04/08/2013
Total construction spending rose 1.2% to $885.1 billion in February, following a 2.1% decrease in January. Compared to February 2012, construction spending has risen 7.9%. Continue Reading »
Economic Update - April 1, 2013
Published on: 04/01/2013
The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — rose 0.1% in January after a 0.2% increase in December. On a year-over-year basis, prices rose ... Continue Reading »
Blog - Prospect Mortgage Dream Remodel Loan
Published on: 03/25/2013
Once you discover the Prospect Dream Remodel Loan, your life will never be the same. Whether you want to buy a house or simply reinvent your current home, we make the renovation process simple and ... Continue Reading »
Economic Update - March 25, 2013
Published on: 03/25/2013
The combined construction of new single-family homes and apartments in February rose 0.8% to a seasonally adjusted annual rate of 917,000 units. Single-family starts increased 0.5%. Volatile ... Continue Reading »
Economic Update - March 18, 2013
Published on: 03/18/2013
Retail sales rose 1.1% to $421.4 billion in February. This follows a 0.2% increase in January. Compared to February 2012, retail sales have increased 4.6%. Continue Reading »
Special Edition - Happy St. Patrick's Day!
Published on: 03/15/2013
Did you know: The tradition of dyeing the Chicago River green began in 1962 when city workers realized it would be a unique way to celebrate the holiday. Each year on St. Patrick’s Day, they release ... Continue Reading »
Economic Update - March 11, 2013
Published on: 03/11/2013
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending March 1 rose 14.8%. Purchase volume rose 15%. Refinancing applications also ... Continue Reading »
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