Housing

San Francisco skyline

Warning Bells Grow Louder for San Francisco Housing Prices, Also Parts of Texas and Florida

California was the epicenter of overvalued and fudged mortgages ahead of and into the Great Recession. If you have watched the media reports and documentaries of how fast San Francisco ...
Read Full Story »
yellow bungalow

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

In October of 2015, cash sales comprised 33.9% of all home sales, down from 36.4% in October of 2014, marking the 34th consecutive year-over-year monthly decline. Cash sales rose by ...
Read Full Story »
mortgage form

Mortgage Loan Rates Fall to 8-Month Low

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning. It noted a week-over-week decrease of 2.6% in the group's seasonally adjusted composite index for the week ...
Read Full Story »
House for Sale

Home Prices Up 10% in Colorado, Washington in December

Home prices in the United States rose for the 46th consecutive month in December. Compared with December of 2014, home prices rose 6.3%, including the sales of distressed properties. The ...
Read Full Story »
House for Sale

December Pending Home Sales Tick Higher

The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for December. The pending home sales index rose by just 0.1% to 106.8 ...
Read Full Story »
White Picket Fence

Maryland, Connecticut, Florida Top States for November Distressed Home Sales

U.S. sales of distressed homes totaled 11.9% of all homes sold in November of this year, according to data posted Wednesday by CoreLogic. The total represents a 1.9 percentage point ...
Read Full Story »
Blueprint and a Hard Hat

New Home Sales Soar 11% in December

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

Mortgage Loan Rates Dipped Again Last Week

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning. It noted a week-over-week increase of 8.8% in the group's seasonally adjusted composite index for the week ...
Read Full Story »
house with cash

Home Prices Slide Most in Chicago, Boston, New York According to Case-Shiller November Index

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, November house prices increased year over year, and 15 of the 20 posted a month-over-month increase. Portland was ...
Read Full Story »
carpenters

Investors Lukewarm on DR Horton Earnings

D.R. Horton Inc. (NYSE: DHI) reported first-quarter fiscal 2016 results before markets opened Monday. The homebuilder posted quarterly diluted earnings per share (EPS) of $0.42 on revenues of $2.36 billion. ...
Read Full Story »
100 dollar bills

San Jose Rents to Surge in 2016

San Jose has among the most expensive real estate prices in America. This has spilled over into rent prices. Not only does the city have among the most expensive rents, ...
Read Full Story »
House for Sale

December Existing Home Sales Take Off

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in December soared 14.7% to a seasonally adjusted annual rate of 5.46 million ...
Read Full Story »
tools

Housing Starts Slip in December

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in December slipped to a seasonally adjusted annual rate of 1.149 ...
Read Full Story »
mortgage application

Mortgage Loan Rates Fell Last Week, Refinancings Jump

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 9% in the group's seasonally adjusted composite index for the week ending ...
Read Full Story »
carpenters

Homebuilder Confidence Remains Solid in January

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for January remained unchanged from December's revised reading of 60. The reading was lower than the consensus forecast of ...
Read Full Story »