Housing

New home

Denver, Miami, Dallas Surge in Home Price Gains

In nine of 20 U.S. cities included in the S&P/Case-Shiller home price index, January house prices increased year-over-year. They remained unchanged in one city and dropped in 10 others. The ...
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House for Sale

Pending Home Sales Jump 3% in February

The National Association of Realtors (NAR) on Monday morning released its data on pending sales of existing homes for February. The pending home sales index rose 3.1% from a slightly ...
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House for Sale

Mortgage Loan Rates Continue to Decline

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 9.5% in the group’s seasonally adjusted composite index for the week ending ...
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Number of Underwater Homes in Atlanta and Las Vegas Still Huge

U.S. home prices rose about 6% in 2014, helping to lift more homeowners out of a negative equity position on their mortgages. The bad news is that negative equity -- ...
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home building

Lennar Earnings a Running Start for Homebuying Season

Lennar Corp. (NYSE: LEN) reported first-quarter fiscal 2015 results before markets opened Thursday. The homebuilder reported quarterly diluted earnings per share (EPS) of $0.50 on total revenues of $1.64 billion. ...
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House for Sale

Mortgage Loan Rates Slip as Applications Fall

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 3.9% in the group’s seasonally adjusted composite index for the week ...
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Airbnb Logo

Warren Buffett’s Childhood Home Goes on Airbnb

The bidder has to be a Berkshire Hathaway Inc. (NYSE: BRK-B), but beyond that qualification, people can bid on a stay at Warren Buffett's childhood home, via Airbnb. There are ...
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construction

New Housing Starts Collapse in February

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that new housing starts in February slipped to a seasonally adjusted annual rate of 897,000. ...
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4 States Account for Nearly a Third of Underwater Mortgages

Of nearly 49.9 million mortgaged properties in the United States at the end of the fourth quarter of 2014, about 5.4 million have a mortgage amount that is greater than ...
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home building

Homebuilder Confidence Drifts Lower

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for March slipped two points from a prior reading of 55 in February to 53. The reading was well ...
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House for Sale

Mortgage Loan Rates on the Rise Again Last Week

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 1.3% in the group’s seasonally adjusted composite index for the week ending ...
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Foreclosed home

Foreclosed Property Inventory Stays High in New Jersey, New York, Florida

In January 2015, 43,000 U.S. home foreclosures were completed, up 14.7% month-over-month and down 22.5% from a total of 55,000 in January 2014, according to CoreLogic. The research firm also notes ...
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Housing Patterns

Cash Home Sales Highest in Detroit, Miami Metro Areas

In December of 2014, cash sales comprised 35.5% of all home sales, down from 38.5% in December of 2013, and marking the 24th consecutive year-over-year monthly declines. Cash sales also ...
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56516233

Mortgage Loan Rates Fall for First Time in a Month

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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Housing development

Home Prices Remain Compressed in Nevada, Florida, Rhode Island

Home prices in the United States rose for the 35th consecutive month in January, but the increase continued to moderate. Compared with January of 2014, home prices rose 5.7%, including ...
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