Housing

new house construction

New Construction Spending Up Slightly in March

The U.S. Census Bureau reported Monday morning that construction spending in March rose by 0.3% to an estimated seasonally adjusted annual rate of $1.137.5 trillion from the downwardly revised estimate of ...
Read Full Story »
83b316b29d89186358796d10ef877102l-m0r

The Most Expensive Homes in Every Major City

The median home price in the U.S. for existing homes is $188,900 according to the National Association of Realtors. The wealthiest Americans likely never see homes with prices so low. They ...
Read Full Story »
St. Louis, Missouri

Dome House In St. Louis For $398,000

Owners of odd houses frequently can't find buyers. A home, made in a dome, which sits in St. Louis, built in 1977, has been off and on the market since ...
Read Full Story »
townhomes

Rent in Expensive Cities Drops

The median May rent for a 2-bedroom apartment in the top 100 U.S. cities is $1,300 a month. In San Francisco, a 2-bedroom apartment will set you back $4,690 a ...
Read Full Story »
yellow bungalow

Property Taxes Highest in Illinois, Lowest in Hawaii

Illinois claims the highest property tax rate among the 50 states and the District of Columbia at 2.67%, which works out to $2,670 for every $100,000 in value. Hawaiians pay ...
Read Full Story »
House for Sale

March Pending Home Sales Add 1.4%, Drop in the West

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for March. The pending home sales index rose 1.4 points to 110.5 from ...
Read Full Story »
mortgage form

Mortgage Loan Rates Rose Last Week Ahead of FOMC Meeting

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 4.1% in the group's seasonally adjusted composite index for the week ending ...
Read Full Story »
home for sale

Home Prices Increase Most in Portland, Seattle, Denver: Case-Shiller February Index

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, February house prices increased year over year, and 14 of 20 posted a month-over-month increase. Portland (up 11.9%), ...
Read Full Story »
home for sale

New Home Sales Slide in March

The U.S. Census Bureau and the Department of Housing and Urban Development reported Monday morning that sales of new homes in March fell to a seasonally adjusted annual rate of ...
Read Full Story »
a lot of money

Castle in Connecticut Offered at $32 Million

An extremely odd home in Connecticut is on the market for $32 million. Located in Woodstock, it is a massive 18,000 square foot castle that sits on 18 acres. The home ...
Read Full Story »
door

‘Silence of the Lambs’ Home Price Hits $225,000

The "Silence of the Lambs" house is on the market for $224,900. Its name is a based on the use of the home as a set piece of the film ...
Read Full Story »
bedroom

America Has 33.6 Million Spare Bedrooms

The value of an American home is presumably what the owner can get in a sale, rentals and home equity loans. Spare bedrooms can be added to the list. There ...
Read Full Story »
House for Sale

January Cash Home Sales Highest in Alabama, Florida, New York

In January of 2016, cash sales comprised 35.5% of all home sales, down from 39.7% in January of 2015, marking the 37th consecutive year-over-year monthly decline. Cash sales rose by ...
Read Full Story »
Suburbia

FHFA Home Price Index Rises 0.4% in February

The Federal Housing Finance Agency (FHFA) reported Thursday morning that U.S. home prices rose 0.4% month over month in February. Compared with February 2015, the house price index has gained ...
Read Full Story »
home for sale

March Existing Home Sales Rise 5.1%

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in March jumped 5.1% to a seasonally adjusted annual rate of 5.33 ...
Read Full Story »