Housing - Page 2

Homebuilders Lennar, CalAtlantic in $9.3 Billion Merger

Two of the country's top homebuilders have agreed to merge in a deal valued at $9.3 billion including debt. Lennar Corp. (NYSE: LEN) will pay exchange 0.885 shares of its ...
Read Full Story »

Sweetening the Deal May Help Sell Your House

Reaching an agreement on price may seem like the end of the home sale process, but as that wise philosopher Yogi Berra once noted, "It ain't over 'til it's over." ...
Read Full Story »

Pending Home Sales Flat in September, Remain at Near 3-Year Low

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for September. The pending home sales index was unchanged from a downwardly revised ...
Read Full Story »

September New Home Sales Post 10-Year High

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

Mortgage Loan Rates May Be Moving Higher, Applications Slide

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 4.6% in the group's seasonally adjusted composite index for the week ending ...
Read Full Story »

There Really May Be Ghosts and Goblins Hiding in the Home You Want to Buy

A "haunted house" listed at a bargain price of $99,000 in Joliet, Illinois, last April is apparently still on the market. The Frank Shaver Allen Home is reportedly home to ...
Read Full Story »

September Existing Home Sales, Inventory Post First Gains in 4 Months

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in September rose by 0.7% to a seasonally adjusted annual rate of 5.39 ...
Read Full Story »

September Housing Starts Stumble After Hurricanes

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in September fell to a seasonally adjusted annual rate of 1.127 ...
Read Full Story »

Mortgage Loan Rates Make Small Moves, Applications Rise

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 3.6% in the group's seasonally adjusted composite index for the week ending ...
Read Full Story »

Mortgage Delinquencies Remain at 10-Year Low

The share of home mortgage loan payments that are 30 days or more past due fell from 5.5% in July 2016 to 4.6% in July 2017. The foreclosure inventory rate ...
Read Full Story »

It Takes More Than 2 Workweeks to Pay for Mortgage in LA

How long does it take to work to pay the monthly mortgage in Los Angeles? About 112 hours, or about two and a half weeks, the longest period of any ...
Read Full Story »

Mortgage Loan Rates Remain at Recent Highs, Applications Decline

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.1% in the group's seasonally adjusted composite index for the week ending ...
Read Full Story »

Wildfires in 2 Northern California Metros Risk Homes Valued $65 Billion

Wildfires that struck suddenly Sunday night have claimed more than 10 lives and more than 1,500 homes in the northern California counties of Sonoma and Napa, two of the country's ...
Read Full Story »

Mortgage Delinquencies Remain Near 10-Year Low

The share of home mortgage loan payments that are 30 days or more past due fell from 5.3% in July 2016 to 4.6% in July 2017. The foreclosure inventory rate ...
Read Full Story »

10 House-Hunting Mistakes to Avoid

Once you decide that it's time to buy a house, the first thing you might want to do is to hit the open houses in the area where you want ...
Read Full Story »