Freddie Mac: Top 5 improving metro markets for housing

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Should Fannie Mae and Freddie Mac be shrinking or expanding their activities? | LIVE STREAM MCLEAN, VA–(Marketwired – Dec 30, 2015) – Freddie Mac (OTCQB: FMCC) today released its Multi-Indicator Market Index® (MiMi®), showing the U.S. housing. improving three-month trend. The same time.

It’s been a thriving past year for the Mid-Atlantic multifamily market. Freddie Mac. The 405-unit community is situated at 3000 S. Randolph St. in Arlington, Va., and comprises studios, one-, two-.

Savvy investors like to keep up with the trends and understand which markets are the most stable. Introducing MiMi. Ask MiMi, Freddie Mac’s Multi-Indicator Market Index. MiMi tells you how stable the housing market is in all 50 states, the District of Columbia, and in the top 50 metro areas in the United States. Area-specific information you.

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Freddie Mac Finds Buyer Demand Driving Top U.S. Performing Markets. On a year-over-year basis, the most improving metro areas were Stockton, Calif. (+12.01 percent ), Detroit (+11.63 percent ), Denver (+11.41 percent ), Las Vegas (+10.73 percent ), and Palm Bay, Fla. (+10.23 percent ).

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 · Even so, Freddie Mac said this year’s higher rates have not yet caused much of a ripple in the strong demand levels for buying a home seen in most markets, but inflationary pressures and the.

The same time last year, 30 states and 69 of the top 100 metro areas were showing an improving three-month trend. Len Kiefer, Deputy Chief Economist of Freddie Mac stated, "The National MiMi stands at 86.4, a 5.88 percent year-over-year increase, but still below its historic benchmark normalized to 100.

But Jonathan Miller, CEO of Miller Samuel, says that may only be true for homes at “the high end of the market.” “When you look at the price spectrum from the top of the market. time since January.

Additionally, forecasting house prices will grow at a 5.6% annual rate in 2016, moderating to 4.7% in 2017, Freddie Mac’s report shows. “The economy and labor markets. improving some next year.

MiMi monitors and measures the stability of the nation’s housing market, as well as the housing markets of all 50 states, the District of Columbia, and the top 100 metro markets.

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This lower-interest rate environment, along with ongoing job growth and rising wages, is contributing to a gradual improvement in the housing market.” Rates of home loans have declined of late..