Housing

House for Sale

Pending Home Sales Slip; Drop Most in South, Midwest

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for June. The pending home sales index fell 1.8% to 110.3. Prior to ...
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House for Sale

Mortgage Loan Rates Dip, Applications Rise

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 0.8% in the group’s seasonally adjusted composite index for the week ending ...
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Housing Patterns

Minneapolis, New York, Washington Post Smallest Gains on Case-Shiller Index

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, May house prices increased year-over-year. Three cities posted year-over-year gains of 3% or less during May: Minneapolis and ...
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New home

New Home Sales Pace in June at 7-Month Low

The U.S. Census Bureau and the Department of Housing and Urban Development reported Tuesday morning that sales of new homes in June came in at a seasonally adjusted annual rate ...
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House for Sale

Mortgage Loan Rates Ticked Down Slightly Last Week

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

New Housing Starts Jump as New Apartment Buildings Soar 28% in June

The U.S. Census Bureau and the Department of Housing and Urban Development reported Friday morning that new housing starts in June rose to a seasonally adjusted annual rate of 1.174 ...
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Florida, Alabama, West Virginia Top States for Cash Home Sales

In April of 2015, cash sales comprised 33.7% of all home sales, down from 37.4% in April of 2014, marking the 28th consecutive year-over-year monthly decline. Cash sales fell by ...
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home building

Homebuilder Confidence Approaches 10-Year High in July

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for July increased by one point from a prior reading of 59 in June to a nine and a ...
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House for Sale

Mortgage Loan Rates Rose Slightly Last Week

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week decrease of 1.9% in the group’s seasonally adjusted composite index for the week ending ...
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Foreclosed home

New York City, Tampa Metro Areas Post Largest Foreclosed Inventories

In the month of May, 41,000 U.S. home foreclosures were completed, up 4.1% month over month and down 19.2% from a total of 51,000 in May 2014, according to research ...
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luxury mansion

Strong Dollar Curbs International Buyers of US Homes

In the first four months of 2014, 2.5% of all homes sold in the United States were sold to foreign buyers. In the same period in 2015, that percentage dropped ...
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Michigan, Florida, Maryland Lead US in Distressed Home Sales

U.S. sales of distressed homes totaled 11.1% of all homes sold in April of this year, according to data from CoreLogic and published Thursday on the company’s blog. The total ...
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House for Sale

Mortgage Loan Rates Dip, but Remain Volatile

The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 4.6% in the group’s seasonally adjusted composite index for the week ending ...
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Housing Patterns

Home Prices Rise Most in South Carolina, Drop Most in Massachusetts

Home prices in the United States rose for the 39th consecutive month in May. Compared with May of 2014, home prices rose 6.3%, including the sales of distressed properties. The ...
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Detroit’s $1,000 Homes

While there is little or no sign of the success of Detroit’s program to sell homes for as little as $1,000, the opportunity continues. The Detroit Land Bank Authority may ...
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