Housing

56516233

5 Florida Metro Areas Top Cash Home Sales in May

In May of 2015, all-cash sales comprised 24.6% of all single family and condo sales, down from 28.5% in April and 30.4% in May 2014. The May 2015 total is ...
Read Full Story »
townhomes

America’s Hottest Housing Markets

There are a number of ways to define hot housing markets, ranging from price increases to new housing starts. Realtor.com has come up with its own, which is the number ...
Read Full Story »
House for Sale

Mortgage Loan Rates at Multi-Month Highs Last Week

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 4.7% in the group’s seasonally adjusted composite index for the week ending ...
Read Full Story »
San Francisco

Denver and San Francisco Home Prices Lead the Charge, Up Over 10%

S&P Dow Jones Indices released the most recent results for the leading measure of U.S. home prices, the S&P/Case-Shiller Home Price Indexes. On the broad spectrum, the 20-city composite gained ...
Read Full Story »
home building

Lennar Posts Strong Beat on Q2 Earnings

Lennar Corp. (NYSE: LEN) reported its fiscal second-quarter results Wednesday before the markets opened as $0.79 in earnings per share (EPS) on $2.39 billion in revenue. That compared to Thomson ...
Read Full Story »
House for Sale

Mortgage Loan Rates Slipped Last Week, Remain Volatile

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning. It noted a week-over-week increase of 1.6% in the group’s seasonally adjusted composite index for the week ...
Read Full Story »
New home

New Home Sales in May Leap Higher

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in May rose to a seasonally adjusted annual rate of ...
Read Full Story »
Housing Patterns

Moderate FHFA Home Price Index Gain in April

The Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.3% month over month in April. Compared with April 2013, the house price index has gained ...
Read Full Story »
House for Sale

May Sales of Existing Homes Soar to 6-Year High

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in May jumped 5.1% to 5.35 million from an upwardly revised total of ...
Read Full Story »
House for Sale

Mortgage Loan Rates Jump Higher Again

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 5.5% in the group’s seasonally adjusted composite index for the week ending ...
Read Full Story »
466232781

5 States Account for Nearly a Third of Underwater Mortgages

Of nearly 44.9 million mortgaged residential properties in the United States at the end of the first quarter of 2015, about 5.1 million had a mortgage amount greater than the ...
Read Full Story »
construction

Homebuilder Confidence Surges to 2015 High

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for June increased by five points from a prior reading of 54 in May to a nine-month high of ...
Read Full Story »
home building

Will This Be the Start of a Wave of Homebuilder Mergers?

Usually mergers get a lot of coverage, and often they come with large premiums for shareholders. News that Standard Pacific Corp. (NYSE: SPF) and Ryland Group Inc. (NYSE: RYL) are ...
Read Full Story »
Samuel Beckett Bridge

Ireland Pulls Global Home Prices Higher

Housing prices in Ireland rose 17.6% year over year in the first quarter of 2015, the largest gain of any country. Real housing prices in Ireland hit a low of ...
Read Full Story »
Townhouses

Philadelphia, West Palm Beach Top Metro Areas for Cash Home Sales

In March of 2015, cash sales comprised 34.6% of all home sales, down from 39.0% in March of 2014, which marked the 27th consecutive year-over-year monthly decline. Cash sales fell ...
Read Full Story »