Housing

dividends

American Realty Comes Back to Reality

American Realty Capital Properties Inc. (NASDAQ: ARCP) announced Wednesday morning that its previously issued financial statements and other financial information should no longer be relied upon. This is not just ...
Read Full Story »
Foreclosed home

Florida Leads US in Annual Foreclosures

In the month of September, 46,000 U.S. home foreclosures were completed, up 4.7% from the previous month but down 32.6% from 68,000 in September of 2013, according to research firm ...
Read Full Story »
Townhouses

Mortgage Loan Rates Climb Higher

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 6.6% in the group’s seasonally adjusted composite index for the week ending ...
Read Full Story »
Mansion with chairs and palms

America’s 10 Best Local Housing Markets

In 76 of the top 100 U.S. housing markets, home prices posted a gain, as measured by the Homes.com Local Market Index. The top gainer month-over-month was Louisville-Jefferson County, Ky.-Ind., ...
Read Full Story »
452395209

Mortgage Fraud Risk Rises 3.2%, Worst in Florida

An estimated 11,100 mortgage applications filed in the second quarter of 2014 contained fraudulent information or serious misrepresentations, according to data released on Tuesday by CoreLogic. The total represents 0.67% ...
Read Full Story »
Townhouses

Home Prices Decline in Just 3 Cities

Only three of 20 U.S. cities included in the S&P/Case-Shiller home price index posted month-over-month declines in home prices -- Charlotte, San Diego and San Francisco. The top monthly gain ...
Read Full Story »
183080644

U.S. Cities With the Most Distressed Home Sales

Distressed home sales in the United States dropped 1% in September, compared with August, and 19% compared with September 2013, according to data released Tuesday by RealtyTrac. Short sales and ...
Read Full Story »
House for Sale

Pending Home Sales Post Small September Gain

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes in September. The pending home sales index inched up 0.3% from an index ...
Read Full Story »
112859140

Detroit $1,000 Home Program Fails to Make Progess

Building Detroit represents a laudable effort by Detroit to remove or sell some of the huge inventory of blighted homes created by years of brutal urban financial problems and a ...
Read Full Story »
Housing Patterns

September New Home Sales Rise as Prices Dip

The U.S. Census Bureau Friday morning released data on new single-family home sales for September. Sales rose 0.2% month-over-month to a seasonally adjusted annual rate of 467,000 from a downwardly ...
Read Full Story »
Townhouses

The $650 Billion Global Housing Gap

Affordable housing must be a key to a stable economy and the foundation of a successful society. At least those findings sit among the conclusions of a new report from ...
Read Full Story »
home prices

Home Prices Rise for Ninth Consecutive Month

The Federal Housing Finance Agency (FHFA) reported Thursday morning that U.S. home prices rose 0.5% sequentially in the month of August. Compared with August 2013, the house price index has ...
Read Full Story »
New home

Mortgage Loan Rates Drop to Near 4%

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 11.6% in the group’s seasonally adjusted composite index for the week ending ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »