Housing

Housing Patterns

After Two Years of Gains, Have Housing Prices Peaked?

After more than two years of continuous increases, price growth in the U.S. housing market finally came to the end of its run. House prices fell less than 1% between ...
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House for Sale

September Sales of Existing Homes Rise to Year-to-Date High

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in September jumped 2.4% to a seasonally adjusted annual rate of 5.17 million ...
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construction

New Housing Starts Recover From Sharp Drop in August

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in September rose to a seasonally adjusted annual rate of 1.017 ...
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home building

Homebuilder Confidence Dips After 4-Month Runup

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for October dropped five points to 54 from a reading of 59 in September. The reading was lower than ...
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US Foreclosures Rise in Third Quarter, Nevada and Florida Still Troubled

According to one of the leading research firms in the real estate industry, foreclosures rose in the third quarter: RealtyTrac released its U.S. Foreclosure Market Report for September and the ...
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House for Sale

Mortgage Loan Rates at 16-Month Low

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 5.6% in the group’s seasonally adjusted composite index, following a rise ...
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home prices

Home Equity Credit Lines Up More Than 80% in Three Metro Areas

As home prices have risen over the past few years, so have the number of homeowners who have seen an increase in the equity in their homes. Many of those ...
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solar panels

SolarCity Brings Cheap Financing to Drive More Residential Solar

SolarCity Corp. (NASDAQ: SCTY) has decided that perhaps offering new solar financing will be a way to generate more interest in getting solar panels on top of houses. The company ...
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House for Sale

Mortgage Loan Rates Fell Last Week

The Mortgage Bankers Association (MBA) weekly report on mortgage applications released Wednesday morning noted an increase of 3.8% in the group’s seasonally adjusted composite index. That followed a drop of ...
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U.S. Home Price Increases Still Slowing

Home prices in the United States rose for the 30th consecutive month in August, but the increases have slowed sharply in the past three months. Compared with August of 2013, ...
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Detroit Still Selling $1,000 Houses

As Detroit emerges from bankruptcy, and the city crushes to the ground thousands of houses to clear neighborhoods of blight, it continues to have a program to sell $1,000 homes ...
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Annual Foreclosure Rate Highest in Florida

In the month of August, 45,000 U.S. home foreclosures were completed, up 1.1% month over month but down 22.2% from 58,000 in August of 2013, according to research firm CoreLogic. ...
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Housing development

Mortgage Loan Rates, Applications Moved Slightly Lower Last Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted a decrease of 0.2% in the group’s seasonally adjusted composite index, following a drop ...
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Townhouses

San Francisco Home Price Increase Falls to 2-Year Low

The only U.S. city to post a month-over-month house-price decrease in July was San Francisco, where prices dropped 0.4% compared with June. That is the largest decline in home price ...
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House for Sale

Pending Home Sales Slowed by Lack of Investors

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes in August. The pending home sales index slipped 1% from an index reading ...
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