Housing

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Pending Home Sales Tick Higher on Strong Sales in the Northeast

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for July. The pending home sales index inched up 0.5% to 110.9 from ...
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House for Sale

High Real Estate Broker Commissions May Help Sellers

A new study shows that real estate brokers who charge lower commissions are treated badly by other brokers in their industry. Brokers who get paid higher commissions sell homes at ...
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Townhouses

Mortgage Loan Rates Tick Lower as Loan Applications Remain Unchanged

When the Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, it noted a week-over-week increase of 0.2% in the group’s seasonally adjusted composite index for the ...
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luxury mansion

New Home Sales Up 25% Year-Over-Year in July

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

Cleveland, Washington, Chicago Post Smallest Gains on Case-Shiller June Index

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, June house prices increased both year over year and month over month. Just three cities posted year-over-year gains ...
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foreclosure notice

US Foreclosure Inventory at 8-Year Low

The total U.S. inventory of foreclosed properties is down more than 24% year over year in July to just 1.4% of mortgaged properties. A total of 75,400 properties were involved ...
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House for Sale

July Sales of Existing Homes Rise, but Higher Prices Could Limit More Growth

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in July rose 2% to a seasonally adjusted annual rate of 5.59 million ...
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House for Sale

Mortgage Loan Rates Fell to 3-Month Lows Last Week

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 3.6% in the group’s seasonally adjusted composite index for the week ending ...
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House interior construction

Homebuilder Hovnanian Soars on Housing Market News

Two strong reports on the new home market have lit a fire under the homebuilders’ stocks, and none more than Hovnanian Enterprises Inc. (NYSE: HOV) which is up more than ...
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House for Sale

Top 3 Cities for Cash Home Sales All in Florida

In May of 2015, cash sales comprised 31.9% of all home sales, down from 35.1% in May of 2014, marking the 29th consecutive year-over-year monthly decline. Cash sales fell by ...
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construction

New Housing Starts Return Pre-Recession Levels

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in July rose to a seasonally adjusted annual rate of 1.206 ...
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home building

Homebuilder Confidence at 9-Year High in August

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for August increased by one point from a prior reading of 60 in July to 61, the highest reading ...
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House for Sale

Mortgage Loan Rates Steady Before Chinese Devaluation Comes Into Play

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 0.1% in the group’s seasonally adjusted composite index for the week ending ...
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foreclosure notice

Florida, Michigan, Texas Post Highest Foreclosures in June

In the month of June, 43,000 U.S. home foreclosures were completed, up 4.8% month over month and down 14.8% from a total of 501,000 in June 2014, according to CoreLogic. ...
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Michigan, Florida Top States for Sales of Distressed Homes

U.S. sales of distressed homes totaled 9.9% of all homes sold in May of this year according to data from CoreLogic and published Thursday on the company’s blog. The total ...
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