Housing

House for Sale

Mortgage Loan Rates Drop to 18-Month Low

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 3.3% in the group’s seasonally adjusted composite index for the week ending ...
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construction

New Housing Starts, Building Permits Drop in November

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in November slipped to a seasonally adjusted annual rate of 1.028 ...
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home building

Homebuilder Confidence Turns Lower in December

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for December slipped from a reading of 58 in November to a new reading of 57. The reading was ...
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Townhouses

Buying a House for 36% Off

The median price for a home sold in the United States in October was $199,500. The price of what is called a "distressed home" was $127,000, or 36% less, according ...
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foreclosure notice

Atlantic City, Miami Lead U.S. Foreclosures

Foreclosure filings in the United States dropped 9% in November, compared with October, and 1% compared with November 2013, according to data released Thursday by RealtyTrac. Atlantic City and Miami ...
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House for Sale

Mortgage Loan Rates Rise With Demand Following Holiday Week

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning. It noted an increase of 7.3% in the group’s seasonally adjusted composite index for the week ...
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Dubai

Property Prices in Dubai Surge 24%

As people stream into the Middle East cities that have had building booms, prices have risen sharply. The best example is Dubai, where prices rose 24% last quarter, according to Global ...
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The Most Expensive House in Detroit

Leaving aside a huge Victorian home that is currently for sale and operates as a bed and breakfast, the most expensive house in Detroit is for sale for $1,200,000. That ...
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Foreclosed home

New Jersey Is Top State for Foreclosed Properties

In the month of October, 41,000 U.S. home foreclosures were completed, down 34% month over month and down 26% from 55,000 in October of 2013, according to research firm CoreLogic. ...
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House for Sale

30-Year Fixed Mortgage Loan Rates at Lowest Since May 2013

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 7.3% in the group’s seasonally adjusted composite index for the week ending ...
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home prices

October U.S. Home Prices Rise Most in Michigan and South Dakota

Home prices in the United States rose for the 32nd consecutive month in October, but the increases have slowed for high-end properties and hastened at the lower end. Compared with ...
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Pending Home Sales Drop in October

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes in October. The pending home sales index slipped 1.1% from an upwardly revised ...
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New home

New Home Sales Rise Especially for Most Expensive Homes

The U.S. Census Bureau this morning released data on new single-family home sales for October. Sales rose 0.7% month-over-month, to a seasonally adjusted annual rate of 458,000, from a downwardly ...
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House for Sale

Mortgage Loan Rates Remain Low as Mortgage Applications Slip

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4.3% in the group’s seasonally adjusted composite index for the week ending ...
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home prices

Washington, Atlanta Home Prices Drop in Sept

In nine of 20 U.S. cities included in the S&P/Case-Shiller home price index, September house prices declined, and in six of those cities the drop was greater than the 0.1% ...
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